Oil, Gas and Consumable Fuels
Company Overview of Templar Energy LLC
Templar Energy LLC provides oil and gas exploration and production services and operates about 7,000 net acres in Ellis and Roger Mills counties, with average production of 1,500 barrels of oil equivalent per day (boe/d). The company was founded in 2013 and is based in Oklahoma City, Oklahoma.
4727 Gaillardia Parkway
Oklahoma City, OK 73142
Founded in 2013
Key Executives for Templar Energy LLC
Chief Executive Officer and Founder
Compensation as of Fiscal Year 2014.
Templar Energy LLC Key Developments
Templar Energy LLC Announces Reaffirmation of $625 Million Borrowing Base
Apr 21 15
Templar Energy LLC announced that effective April 1, 2015, the company's borrowing base under its revolving credit facility is reaffirmed at $625 million. In addition, effective March 6, 2015, the company amended its five-year revolving credit facility, originally entered into on November 25, 2013. The amendment revised the net leverage ratio covenant for the remainder of the term of the facility.
Templar Energy LLC Presents at 2nd Annual Global Energy and Power Leveraged Finance Conference, Jun-04-2014 11:30 AM
May 5 14
Templar Energy LLC Presents at 2nd Annual Global Energy and Power Leveraged Finance Conference, Jun-04-2014 11:30 AM. Venue: The Westin Times Square, 270 West 43rd Street at 8th Avenue, New York, New York, United States. Speakers: David D. Le Norman, Chief Executive Officer and Founder.
Templar Energy LLC, Le Norman Operating LLC and Le Norman Fund I LLC Announce the Acquisition of Forest Oil Texas Panhandle Assets
Oct 4 13
Templar Energy LLC, and its wholly owned operating subsidiary, Le Norman Operating LLC and Le Norman Fund I LLC entered into a definitive agreement to buy oil and gas assets in the Texas Panhandle Region from Forest Oil Corporation for $1.0 billion (subject to customary purchase price adjustments and certain closing conditions). The transaction is expected to close on or before November 25, 2013 with an effective date of October 1, 2013. Upon completion of the transaction, the Company and Le Norman Fund I collectively are expected to produce in excess of 20,000 net BOEPD with an estimated proved reserve base of net 145 million BOE. The resource potential for the company and Le Norman Fund I would exceed net 750 million BOE. All of the Company's reserves are focused in the greater Anadarko Basin located in northwest Oklahoma and the Texas panhandle.
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