Waldorf Production to acquire Alpha Petroleum from Shorelight Partners.

Waldorf Production, a privately owned upstream oil and gas company, agreed to acquire Alpha Petroleum, an upstream oil and gas company, from Shorelight Partners, a private equity firm. Financial terms were not disclosed. “We are pleased to have supported Alpha and the progress of the Cheviot development, creating significant realisable value. This transaction represents an excellent outcome for all stakeholders. Shorelight will continue to focus on the vital transition of conventional energy assets into the low carbon future, such as our existing German business ONEO, as well as exciting new investments in key energy transition assets over the course of the coming year,” Daniel Reis, Shorelight Partners Founding Partner.