Texa Midland News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Texa midland. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Texa Midland Today - Breaking & Trending Today

Earthstone Closes $185.9 Million Acquisition of Warburg-backed Permian Operator


Earthstone Closes $185.9 Million Acquisition of Warburg-backed Permian Operator
Earthstone Energy completed its cash-and-stock acquisition of Independence Resources Management, a Midland Basin operator backed by Warburg Pincus, previously announced on Dec. 18.
Hart Energy Staff
Your browser does not support the audio element.
Earthstone Energy Inc. said Jan. 7 it had completed the acquisition of Independence Resources Management LLC (IRM), a Midland Basin operator backed by Warburg Pincus LLC.
The cash-and-stock transaction, valued at about $185.9 million, is expected to roughly double both Earthstone’s production and adjusted EBITDAX with minimal impact to leverage, said President and CEO Robert J. Anderson in a Dec. 18 release by The Woodlands, Texas-based company announcing the acquisition. ....

United States , Robertj Anderson , Davids Habachy , Warburg Pincus , Wells Fargo Securities , Capital Markets , Latham Watkins , Earthstone Energy Inc , Earthstone Energy Combined Midland Basin , Independence Resources Management , Earthstone Energy , Midland Basin , Texa Midland , Middle Spraberry , Lower Spraberry , Public Capital , Exploration Amp Production , Shale Plays , Acquisitions Amp Divestitures , ஒன்றுபட்டது மாநிலங்களில் , வார்பர்க் பிங்கஸ் , கிணறுகள் ஃபார்கோ பத்திரங்கள் , மூலதனம் சந்தைகள் , லாதம் வாட்கின்ஸ் , பூமி கல் ஆற்றல் இன்க் , பூமி கல் ஆற்றல் ஒருங்கிணைந்த மிட்லாண்ட் பேசின் ,