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Jamie McCoy, vice president and CFO of Canyon Creek Energy, is proud of how much his company has grown in a short span of time. “We started Canyon Creek in 2015 with a small acreage position and a singular funding source. Since then, we have grown substantially and significantly broadened our investor base in both size and nature of capital,” he says.
McCoy’s team partnered with Vortus Investments in 2017 to expand the scope and pace of the company’s development. He was directly involved in raising a DrillCo commitment and two senior debt facilities of increasing size. “The E&P business is capital intensive and requires strategic capital sourcing based on the nature of the project. As entrepreneurs in the business, we are focused on the continued growth of our company in ways that maximize shareholder value and substantiate our balance sheet,” he says.
By Hart Energy5
11 ratings
Jamie McCoy, vice president and CFO of Canyon Creek Energy, is proud of how much his company has grown in a short span of time. “We started Canyon Creek in 2015 with a small acreage position and a singular funding source. Since then, we have grown substantially and significantly broadened our investor base in both size and nature of capital,” he says.
McCoy’s team partnered with Vortus Investments in 2017 to expand the scope and pace of the company’s development. He was directly involved in raising a DrillCo commitment and two senior debt facilities of increasing size. “The E&P business is capital intensive and requires strategic capital sourcing based on the nature of the project. As entrepreneurs in the business, we are focused on the continued growth of our company in ways that maximize shareholder value and substantiate our balance sheet,” he says.