Eclipse Resources to be acquired by Greylock Energy Partners

By Global Infrastructure Sherpa · Jul 29, 2024

Acquisition Oil And Gas announced Charleston, United States Jul 29, 2024

Greylock Energy Partners will acquire Eclipse Resources. The deal aims to expand Greylock's presence in the energy sector.

Source Intelligence

KEY DETAILS

Greylock Energy acquired 1,400 producing wells on 290,000 gross acres in Utah’s Uinta Basin and Wyoming’s Green River Basin in 2022. "The assets boosted daily production by 50%, including a 2,000% increase in oil production."

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Location

The Charleston, W.V.-based, company last year acquired 1,400 producing, mostly vertical wells on 290,000 gross acres in Utah’s Uinta Basin and Wyoming’s Green River Basin.

PARTIES MENTIONED IN SOURCE

Greylock Energy buyer

"Appalachia producer Greylock Energy is leveraging its gas position to diversify its hydrocarbon mix and geographical footprint after a 2022 acquisition in the western Rockies, says Chief Executive Officer Kyle Mork."