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MLV & Co. Announces $105.75mm Debt and Equity Financing for RAM Energy LLC

NEW YORK, Aug. 13, 2014 /PRNewswire/ -- MLV & Co. ("MLV") announced today that it advised on and arranged $105.75 million of financing that included a debt facility and equity investment for RAM Energy LLC ("RAM Energy"). MLV & Co. Financial, the parent of MLV, also participated as principal in the equity tranche.

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RAM Energy used the capital to purchase low-decline, conventional oil and gas assets which included two oil and gas properties in the Ark-La-Tex and Midland basins that are producing approximately 1,900 barrels of oil per day with 70% of revenue from liquids. These properties comprise approximately 60,000 net acres.  Both properties were purchased for approximately $50 million each. The transactions closed on July 18, 2014.

"The financings allowed RAM Energy to complete its initial acquisitions and begin its strategy of building a portfolio of conventional oil and gas assets," said Ron Ormand, Managing Director and Head of Energy Investment Banking at MLV.

"We see great opportunities for these type of transactions in the future and are using it as a template for a new, soon to be announced, funding vehicle that will be an affiliate of MLV," commented Rob Lindermanis, Managing Director in Investment Banking at MLV.  "This new affiliate will act as a provider of proprietary capital for oil and gas companies positioned for growth and expansion."

About MLV & Co.:

An independent full service investment bank and institutional broker dealer, MLV is focused on creative capital raising solutions to growth-oriented companies in healthcare, real estate, financials, energy & natural resources, and other "capital-intensive" sectors. Since its inception in 2010, MLV has completed more than 175 transactions and raised more than $8 billion on behalf of its clients. MLV has been the market leader in At-The-Market transactions ("ATMs") since its inception. From 2010 through the present, MLV has been the lead underwriter in over 140 ATMs totaling over $4 billion in notional value, surpassing every other investment bank during this period. MLV is a member of FINRA, NASDAQ, and the SIPC.

For more information, please visit www.mlvco.com or contact Kelly Jones at (646) 412-7697 ([email protected]).

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Sean Dougherty   
Dukas Public Relations 
(212) 704-7385 

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SOURCE MLV & Co.

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