The company is backed by Los Angeles-based Oaktree Capital Management and will be led largely by former Tall City Exploration employees, Charger chief executive Joseph Magoto told Upstream.
Magoto himself is the former president of Tall City, which was formed in 2012 with $300 million in backing from Denham Capital. He was at the helm when the company sold off virtually all of its Permian assets to Moss Creek for $803 million last year.
He
