•  
  •  
  •  
  •  
  •  
  • Untitled Document
    Untitled Document

    Hawkwood Energy acquires assets in East Texas

    Hawkwood Energy LLC

    Hawkwood Energy LLC, an independent upstream oil and gas company, has acquired producing and non-producing assets in Brazos, Leon, Madison, and Robertson counties, Texas. These assets establish the company as a significant player in the emerging Eagle Ford and Woodbine plays in East Texas.

    Hawkwood's entry into the area is the result of two separate transactions: the purchase of Crimson Energy Partners III's assets located mostly in Brazos County and the purchase of certain Encana Oil and Gas (USA) Inc. assets located mostly in Robertson County. The combined transactions include 1,800 barrels of oil per day of current production and more than 50,000 generally contiguous net undeveloped acres.

    "We are excited about the growing unconventional activity in the Eagle Ford and Woodbine, as well as the other long-term multi-pay opportunities the area has to offer," said Patrick Oenbring, CEO, Hawkwood Energy. "Hawkwood intends to invest significant capital and resources into the area to create substantial value for its investors. As an operator, we are also committed to having a positive impact on the communities where we work, including taking an uncompromising approach to safety and environmental-related issues."

    Related Articles

    Laredo Energy secures $130M to support Texas drilling program

    05/28/2014

    Laredo Energy has secured a total of $130 million in private equity commitments from Avista Capital Partners and Liberty Energy Holdings, which is managed by Old Ironsides Energy LLC.

    NGR closes financing, acquires East Texas assets

    05/15/2014

    New Gulf Resources LLC (NGR) has closed a $500 million financing transaction to support the acquisition of a key East Texas asset and for corporate purposes.

    Lucas Energy appoints new board chairman

    11/15/2013

    Lucas Energy reports that Ken Daraie has been appointed as chairman of the company’s board of directors. 

    Dale resigns as Lucas Energy CFO

    10/02/2013

    William J. Dale, CFO of independent oil and gas company Lucas Energy Inc. (NYSE MKT: LEI), has left the company to pursue other interests.

    Lucas Energy has agreement with Ironman for energy capital

    09/05/2013 Lucas Energy Inc., an independent oil and gas company with its main operations in Texas, has entered into an agreement with Ironman Capital Management LLC for two of its energy sector funds to purc...

    More Oil & Gas Financial Articles

    Laredo Energy secures $130M to support Texas drilling program

    Wed, May 28, 2014

    Laredo Energy has secured a total of $130 million in private equity commitments from Avista Capital Partners and Liberty Energy Holdings, which is managed by Old Ironsides Energy LLC.

    NGR closes financing, acquires East Texas assets

    Thu, May 15, 2014

    New Gulf Resources LLC (NGR) has closed a $500 million financing transaction to support the acquisition of a key East Texas asset and for corporate purposes.

    Lucas Energy appoints new board chairman

    Fri, Nov 15, 2013

    Lucas Energy reports that Ken Daraie has been appointed as chairman of the company’s board of directors. 

    Dale resigns as Lucas Energy CFO

    Wed, Oct 2, 2013

    William J. Dale, CFO of independent oil and gas company Lucas Energy Inc. (NYSE MKT: LEI), has left the company to pursue other interests.

    Lucas Energy has agreement with Ironman for energy capital

    Thu, Sep 5, 2013

    Lucas Energy Inc., an independent oil and gas company with its main operations in Texas, has entered into an agreement with Ironman Capital Management LLC for two of its energy sector funds to purchase a total of approximately $3.33 million of the company's common stock.

    Most Popular

    Oil & Gas Jobs

    Search More Job Listings >>
    Subscribe to OGFJ