Lodestar Energy buys oil and gas assets from Hibernia Resources III

Hibernia is a portfolio company of NGP.

  • The acquired assets will be operated by BCP Resources
  • AggieTech Capital and Masked Rider Capital anchored the equity placement and the debt facility was provided by Community National Bank
  • Lodestone is focused on acquiring and developing Permian Basin conventional oil and gas assets

Lodestone Energy has acquired oil and gas assets from Hibernia Resources III.

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