Houlihan Lokey Advises Cantium

Houlihan Lokey is pleased to announce that Cantium LLC has been acquired by an undisclosed buyer. Houlihan Lokey advised Cantium in all aspects of marketing, structuring, and negotiating the transaction. The transaction closed on August 1, 2025.

Cantium is an offshore exploration and production company headquartered in Covington, Louisiana, and, prior to the sale, was a portfolio company of York Capital Management (York).

The company’s strategy focuses on the development, operation, and production of Gulf of America Shelf assets, which Cantium acquired from Chevron in 2017. Cantium prides itself on consistently successful development and operates as a low-cost producer via cutting-edge software and short-cycle infrastructure-led projects.

Cantium’s assets are underpinned by an established, stable production base and quality development inventory located primarily in the Bay Marchand and Main Pass areas of the Gulf of America.

The marketing process generated robust interest from a broad range of buyers, including both offset and international operators (public and private), family offices, and private-equity-backed pre-asset teams.

The undisclosed purchaser is a new entrant into the Gulf of America. The buyer is backed by a consortium of family offices and private and institutional capital.

Houlihan Lokey acted as the exclusive financial advisor to Cantium and assisted and advised Cantium and York for all aspects of this transaction.

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