Pan Management completed the acquisition of Northwoods Management.

Pan Management, an energy investment firm, completed the acquisition of Northwoods Management, a firm that owns highly productive assets located in the Powder River Basin. Financial terms were not disclosed. “We consider this acquisition to be a pivotal move for OneRock, solidifying our position with a robust presence in resource-rich unconventional plays. It represents a crucial component of our growth strategy into the E&P business, while concurrently expanding our commodity optionality and seamlessly aligning with Pan Management’s overarching investment strategy. We anticipate leveraging the OneRock platform to acquire further assets and strategically expand our footprint," Daniel Fan, Pan Management Partner and Head of North American E&P Investments.