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Announced

Warburg Pincus and Kayne Anderson-backed WildFire Energy to acquire East Texas Eagle Ford assets of MD America Energy.

Synopsis

Warburg Pincus and Kayne Anderson-backed WildFire Energy, an independent energy platform company, agreed to acquire East Texas Eagle Ford assets of MD America Energy, a Texas-based oil and gas operating company. Financial terms were not disclosed. "With the closing of this strategic acquisition, WildFire Energy will bring more barrels to market from a previously dormant program at a crucial time for the world economy. In addition, with this adjacent acquisition, WildFire will be able further leverage economies of scale optimizing production in an efficient and sustainable manner," Anthony Bahr, WildFire Energy CEO.

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