Hawkwood Energy Announces Acquisition by WildFire Energy
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DENVER and HOUSTON, July 8, 2021 /PRNewswire/ Hawkwood Energy LLC ( Hawkwood ), an independent exploration and production company, announced today that is has entered into definitive agreements to be acquired by WildFire Energy I LLC ( WildFire ), an independent energy platform company. The transaction attributes an enterprise valuation to Hawkwood of approximately $650 million. Following the transaction Hawkwood s existing shareholders will retain a ~50% equity interest in WildFire, alongside ~50% held by WildFire s management team and private equity sponsor Kayne Anderson.
Hawkwood Energy is an independent exploration and production company focused on economically developing oil and natural gas resources, with current liquids-weighted production of approximately 15,000 gross equivalent barrels per day spanning 160,000 net acres in the Eagle Ford Basin of East Texas