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Hawkwood Energy Announces Acquisition by WildFire Energy

Hawkwood Energy Announces Acquisition by WildFire Energy News provided by Share this article Share this article 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

Chart: Midcontinent, Permian Basin Rig Count as of July 9, 2021

Chart: Midcontinent, Permian Basin Rig Count as of July 9, 2021
hartenergy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartenergy.com Daily Mail and Mail on Sunday newspapers.

Chart: Western Rig Count as of July 9, 2021

Chart: Western Rig Count as of July 9, 2021
hartenergy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartenergy.com Daily Mail and Mail on Sunday newspapers.

Chart: Gulf Coast Rig Count as of July 9, 2021

Chart: Gulf Coast Rig Count as of July 9, 2021
hartenergy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartenergy.com Daily Mail and Mail on Sunday newspapers.

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