PRIVATE equity player Quantum Energy Partners is spending $450 million on a fourth incarnation of Vitruvian Exploration after selling two previous versions of the acquisition and development company earlier this year.
Vitruvian Exploration IV has amassed a position of about 120,000 acres in the Eagle Ford shale, South Texas, including the 70,000-acre Javelina asset in the dry-gas window.
Vitruvian II developed a position in Oklahoma's Scoop play and was sold to Gulfport Energy for $1.85
