Global Infrastructure SherpaEclipse Resources to be acquired by Greylock Energy Partners
Greylock Energy Partners will acquire Eclipse Resources. The deal aims to expand Greylock's presence in the energy sector.
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Counterparts (2)
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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
G
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."
Timeline
Announced
Jul 29, 2024
Signed
Closed
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