Kerogen investments go full-cycle
Kerogen's vehicles grow from their appraisal and development core focus
Appraisal and development are the key value areas for Zennor Petroleum and Pandion Energy—two producers owned by oil and gas-focused private equity (PE) firm Kerogen Capital—as well as the driving logic for the company to invest in AIM-listed Hurricane Energy. But now its investments are moving full-cycle, from exploration all the way through to production. Kerogen's managing partner and co-founder Jason Cheng spoke recently to Petroleum Economist editor-in-chief Peter Ramsay. PR: Should PE investment be seen in a positive light for the Norwegian continental shelf (NCS) and UK continental shelf (UKCS) investment? JC: Perception of PE is sometimes skewed and there is a lack of understanding
Also in this section
9 January 2026
OPEC+ remains on track as output falls, with only Gabon failing to hit its output targets in December, although Kazakhstan’s compliance was involuntary
9 January 2026
The Latin American producer’s crude prospects rely on a multi-pronged approach where even the relatively easy wins will take considerable time, effort and cost
9 January 2026
While many forecasters are reasserting the importance of oil and gas, petrostates should be under no illusion things are changing, and faster than they might think
8 January 2026
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions






