Warburg Pincus and Kayne Anderson to Sell WildFire Energy to Magnolia Oil & Gas for $4.06 Billion
Magnolia Oil & Gas agreed to acquire private producer WildFire Energy for approximately $4.06 billion, a transaction unanimously approved by its board of directors. The deal adds 53 Mboe/d of production (~70% oil) and roughly 810,000 net acres across the Austin Chalk, Eagle Ford, and Woodbine formations to Magnolia's portfolio.
Key figures
- Deal Value Usd
- 4060000000
- Net acres
- 810000
- Production mboe per day
- 53
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.