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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
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Calhoun Port Authority Announces Max Midstream Terminal Officially Commissioned
The Calhoun Port Authority and Max Midstream, a Texas-based energy company, today announced the first successful loading of Texas oil at the Port of Calhoun Terminal in Point Comfort, Texas. This marks the official beginning of the new partnership between the Calhoun Port Authority and Max Midstream to ship Texas oil to global markets.
“Today’s announcement demonstrates that the terminal is officially in business,” said Todd Edwards, President and CEO of Max Midstream. “For the first time, we have moved oil across our docks, and it’s just the beginning. We will offer a comprehensive package of services from transporting oil across Texas, to getting it to the port, to fueling the ships that will take the product to the European market. This is a great first step, and we are excited for the future of what’s to come”
/PRNewswire/ The Calhoun Port Authority and Max Midstream, a Texas-based energy company, today announced the first successful loading of Texas oil at the.