Discover Exploration to Get Up to $200M from Carlyle
December 17, 2013
The Carlyle Group has agreed to take a majority position in Discover Exploration, a geology-led oil and gas exploration company based in London. Carlyle has committed up to $200 million over the next three years to fund existing operations in New Zealand and the Union of the Comoros, as well as new opportunities. The deal is the first out of Carlyle's CIEP fund, which focuses on energy investments all over the world.