Wildfire Energy Continues Eagle Ford Consolidation with Latest Acquisition
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WildFire Energy has acquired approximately 16,000 net acres of leasehold and 58 operated wells in the East Texas Eagle Ford from an undisclosed seller.
With the acquisition, WildFire will operate more than 2,000 wells on 873,000 net acres in the eastern Eagle Ford encompassing Fayette, Bastrop, Lee, Austin, Washington, Burleson, Brazos, Milam, Robertson, Madison, and Grimes counties of Texas.
This acquisition follows WildFire’s recent agreement to acquire Apache Corporation’s Eagle Ford and Austin Chalk assets in May 2024.
“The acquired asset is an ideal fit to our existing acreage, and we look forward to operating the asset with the benefits of our scale in the Eagle Ford,” said Steve Habachy, president and chief operating officer of WildFire.
“Acquisitions such as this one represent an important part of our company’s strategy and we continue to seek out and evaluate similar transactions,” added Habachy.
WildFire Energy is an independent energy platform company pursuing production-weighted oil and gas assets in onshore U.S. basins, seeking to efficiently optimize and develop reserves using modern technologies and its extensive operating experience. WildFire Energy was formed in 2019 with funding from Warburg Pincus, Kayne Anderson, and management.
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