Category: Uncategorized

Maverick to Buy ConocoPhillips Permian Basin Assets

HOUSTON – (BUSINESS WIRE) – Maverick Natural Resources (“Maverick”) announced today that it has entered into a definitive agreement to acquire certain producing properties in the Permian Basin from ConocoPhillips for a purchase price of $440 million, subject to customary adjustments, with an effective date of September 1, 2021. The assets to be acquired produced over 11,000 boepd (50% oil) from the Central Basin Platform and… Read more »

Maverick Natural Resources Acquires FourPoint Energy

HOUSTON–(BUSINESS WIRE)–Maverick Natural Resources, LLC (“Maverick” or the “Company”) announced today that it has acquired FourPoint Energy, LLC (“FourPoint”), the largest producer in the Western Anadarko Basin. In conjunction with the all-equity merger, FourPoint became a wholly owned subsidiary of Maverick and was renamed Unbridled Resources, LLC (“Unbridled”). Both Maverick and FourPoint are majority controlled by EIG Global Energy Partners (“EIG”) managed funds. The acquired assets… Read more »

Maverick Natural Resources Announces Acquisition of Producing Properties in East Texas

HOUSTON, TEXAS, April 11, 2019 – Maverick Natural Resources, LLC (“Maverick”) announced today that it has closed an acquisition of producing properties in the Overton field in East Texas. The acquisition includes approximately 11,000 net acres and 2,700 net boepd (28% liquids). Maverick currently operates the field and has purchased the remaining 50% non-operated working interest. “We are excited to capitalize on our cost leading competitive… Read more »