Silver Hill Energy completed the acquisition of Liberty Resources II oil and gas properties and Liberty Midstream Solutions for $445m.

Silver Hill Energy, a private exploration and production company, completed the acquisition of Liberty Resources II oil and gas properties and Liberty Midstream Solutions, a midstream oil and gas company with gas gathering, gas processing and produced water logistics assets for $445m. “After years of considering various opportunities for entry points into the Bakken, we are thrilled to be acquiring what we believe is an ideal initial upstream and midstream development platform for us in the play. Liberty’s assets represent not only an attractive operating footprint with immediate scale and runway but also a uniquely situated natural gas and water infrastructure system that provides a meaningful uplift to our drilling economics. We have enjoyed working with the Liberty team throughout this transaction and are excited to harness our teams’ combined knowledge and experience as we continue developing and growing this new Bakken position as well as our sizable existing Haynesville business,” Kyle D. Miller, Silver Hill Founder and CEO.