NorthView Advisors advises on $150,000,000 Joint Venture commitment to Cholla Pawnee Partners
December 29, 2014
NorthView Advisors LLC (“NorthView”) is proud to announce that its client, Cholla Pawnee Partners (“Cholla”) has entered into a $150,000,000 Joint Venture / Drillco commitment to develop its Mid-continent conventional, prospective oil & gas assets.
Tori Campbell, President of Cholla commented, “our company engaged [NorthView’s] professional services to assist us in raising capital to develop our assets. Despite deteriorating market conditions, JT helped us successfully secure a partner. The unexpected benefit in working with [NorthView] was their ability to help negotiate the more contentious provisions of the purchase-and-sale agreement.
JT’s involvement as an intermediary allowed the parties to navigate the challenging process and emerge with a better relationship at its conclusion.”