Announced
Completed
Financials
Tags
Private Equity
Majority
Single Bidder
oil and gas exploration
United States
Friendly
Integrated Oil and Gas
Domestic
Mbo
Private
Acquisition
Completed
Synopsis
North Hudson Resource Partners, a Houston-based energy investment firm, completed the acquisition of LOGOS Resources II, an operator of an oil and gas exploration and production company, from ArcLight Capital, a private equity firm, for $402m. "We are excited to partner with North Hudson and will use our new resources to accelerate the development of our Mancos and Gallup reserve base following the success of our 2021 horizontal drilling program. Our operating and development track record, basin-leading ESG programs, and financial and strategic support provided by North Hudson, place LOGOS in an excellent position to execute on the next phase of value creation," Jay Paul McWilliams, LOGOS CEO.
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