Quantum Capital Group-backed FireBird Energy completed the acquisition of Pradera Fuego Permian oil and gas assets of Ares Energy.

Synopsis

Quantum Capital Group-backed FireBird Energy, an upstream oil and gas company, completed the acquisition of Pradera Fuego Permian oil and gas assets of Ares Energy, an oil and gas producer and operator. Financial terms were not disclosed.

Principals

target

Ares Energy (pradera Fuego Permian Oil And Gas Assets)

bidder

Firebird Energy

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Market Context