M&A Deal Summary |
|
|---|---|
| Date | 2019-02-27 |
| Target | Wishbone Energy Partners - North Central Basin Platform |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Ring Energy |
| Sellers(s) | Wishbone Energy Partners |
| Deal Type | Divestiture |
| Deal Value | 300M USD |
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| Category | Company |
|---|---|
| Founded | 2004 |
| Sector | Oil/Gas Exploration |
| Employees | 108 |
| Revenue | 361M USD (2023) |
Ring Energy is an oil and gas exploration and Development Company with two core areas of operation in the Permian Basin; the Central Basin Platform and the Delaware Basin. Ring Energy was founded in 2004 and is based in The Woodlands, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Oil/Gas Exploration) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2019) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 2013 |
| Sector | Energy Services and Equipment |
Wishbone Energy Partners, LLC is a Houston, TX based E&P company focused on the acquisition and development of properties in select conventional and unconventional North American reservoirs.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Oil/Gas Exploration) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2019) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
