All following DT initial post and hyperlink on this thread it is my belief that the funding may be supplied by Riverstone holding My logic is that TTE is a wholly owned subsidiary of Titan Energy Operating LLC and in an announcement (dated 19th August 2008) (http://riverstonellc.com/partners/exploration-and-production/titan-operating-llc) Riverstone announces a commitment to Titan LLC
Riverstone holdings looks (to me fairly cashed up) and this appears to be their core business.
Those with more insight than myself may be able to comment on the relative merits (or otherwise) on Riverstone’s involvement (assuming of course I’m correct)
As always the caveat applies that this is my opinion only
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