Black Knight Energy formed to pursue US Lower 48 oil and gas assets

Aug. 17, 2021
Black Knight Energy LLC, Santa Clarita, Calif., has been formed to pursue the acquisition and development of large, cash flowing oil and natural gas assets across the US Lower 48.

Black Knight Energy LLC, Santa Clarita, Calif., has been formed to pursue the acquisition and development of large, cash flowing oil and natural gas assets across the US Lower 48. The private company received an equity commitment of more than $500 million from funds managed by Kayne Anderson Capital Advisors LP.

Todd Stevens is chief executive officer, Darren Williams is chief operating officer, and Elizabeth DeStephens is chief strategy and sustainability officer.

Prior to the formation of Black Knight, Stevens was president and chief executive officer of California Resources Corp. Williams previously served as executive vice-president of operations at California Resources and DeStephens previously served as vice-president of reserves and strategic analytics at the company.