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North Hudson Resource Partners completed the acquisition of LOGOS Resources II from ArcLight Capital for $402m.

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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