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Private equity firms explore $2.5bn divestment of Terra Energy Partners

Private equity firms Kayne Anderson Capital Advisors, and Warburg Pincus are considering selling Terra Energy Partners for nearly $2.5bn. ....

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Warburg Pincus Places RimRock Oil & Gas for Sale: Sources

It is Warburg Pincus’ second attempt to sell RimRock Oil & Gas in just over a year, the sources told Reuters. A 2021 auction process failed to secure a buyer for the Bakken gas producer at the valuation that Warburg sought. ....

Warburg Pincus , Rimrock Oil Gas , Rimrock Oil , Private Equity , Hale Plays , Cquisitions Amp Divestitures ,

Warburg Pincus to invest $500m in RimRock Oil & Gas

Warburg Pincus to invest $500m in RimRock Oil & Gas
hydrocarbons-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hydrocarbons-technology.com Daily Mail and Mail on Sunday newspapers.

United States , Joe Landy , Warburg Pincus , Saurabh Agarwal , Jim Fraser , Superreturn International , Rimrock Oil Gas , Warburg Pincus Energy , Rimrock Oil , Rock Oil , Warburg Pincus Private Equity ,

RimRock Announces Acreage Swap with XTO Energy

Press release content from PR Newswire. The AP news staff was not involved in its creation.
RimRock Announces Acreage Swap with XTO Energy
February 11, 2021 GMT
GREENWOOD VILLAGE, Colo., Feb. 11, 2021 /PRNewswire/ RimRock Oil & Gas (“RimRock” or “the Company”), an oil and gas exploration and production company focused on the Williston Basin of North Dakota, today announced the completion an Exchange Agreement with XTO Energy Inc. (“XTO”), a subsidiary of Exxon Mobil Corporation.
Under the terms of the agreement, RimRock and XTO exchanged approximately 5,500 net acres and associated production located in Dunn County, North Dakota. RimRock now operates its entire land position with an average 85% working interest across approximately 31,500 gross acres, including a subset of acreage previously operated by XTO. ....

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