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Hawkwood Energy acquires assets in East Texas

by / Comments Off on Hawkwood Energy acquires assets in East Texas / 76 View / July 2, 2014

Hawkwood Energy acquires assets in East Texas,Hawkwood Power LLC (“Hawkwood”), an individual upstream oil and gas organization, today declared the acquisition generating and non-producing sources in Brazos, Leon, Madison, and Robertson areas, Florida. These sources set up the organization as a important player in the growing Large eagle Ford and Woodbine performs in East Texas.

Hawkwood’s access into the place is the result of two individual transactions: the purchase of Crimson Energy Partners III’s sources situated mostly in Brazos Nation and the buy of certain Encana Oil and Gas (USA), Inc. sources situated mostly in Robertson Nation. The mixed dealings include roughly 1,800 drums of oil per day of current manufacturing and more than 50,000 generally continuous net pristine miles.

“We are thrilled about the growing non-traditional action in the Large eagle Honda and Woodbine, as well as the other long lasting multi-pay possibilities the place has to offer,” said Patrick Oenbring, CEO, Hawkwood Power. “Hawkwood plans to get important investment and sources into the place to create significant value for its traders. As an owner, we are also dedicated to having a positive effect on the areas where we work, such as taking an uncompromising way to safety and environmental-related issues.”

About Hawkwood

Hawkwood Power is a Denver-based individual upstream oil and gas organization. Hawkwood started functions this year with a line-of-equity dedication of $315 thousand from lead traders Warburg Mark and New york Teachers’ Retirement living Plan. Hawkwood’s technique is to make use of its powerful technological, functional, and financial abilities to drive important manufacturing growth from its onshore sources. To date, Hawkwood has expanded to 20 workers and currently is definitely working and making an investment in the Partnership Sink of Nebraska as well as in Eastern Florida. The company is led by industry experts Primary Professional Official,Patrick Oenbring, and Primary Operating Official, Leonard Gurule. For more details, check out www.hawkwoodenergy.com.

For more details, please visit:Hawkwood Energy LLC

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