Point Energy Partners
Energy, Utilities & Waste · Texas, United States · 51-200 Employees
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Overview
Headquarters
640 Taylor St Ste 1850, Fort Worth, Texa...Phone Number
(682) 350-3690Website
www.pointep.comRevenue
$124.7 MillionIndustry
About Point Energy Partners
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Point Energy Partners News & Media
NOG Closes Point Acquisition
MINNEAPOLIS--(BUSINESS WIRE)--NOG Closes Point AcquisitionPoint Energy Partners II Completes $1.1 Billion Sale to Vital Energy
FORT WORTH, Texas--(BUSINESS WIRE)--Point Energy Partners II ("Point Energy") today announced the completion of its previously announced $1.1 billion all cash sale of its assets to Vital Energy, Inc. (NYSE: VTLE) ("Vital") and Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG”). Point Energy is a portfolio company of Vortus Investments Advisors. Point Energy is proud to announce a significant milestone in its operational journey, having increased production from an initial 300 net barrels of oilVital Energy to Expand Delaware Basin Position Through Bolt-on Acquisition
Transaction highly accretive to key metrics; adds 68 high-return gross locations Transaction highly accretive to key metrics; adds 68 high-return gross locations
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Frequently Asked Questions Regarding Point Energy Partners
Point Energy Partners is a private exploration and production company based in Fort Worth, founded in 2017. The company specializes in energy production operations with a focus on Texas' Delaware Basin. Point Energy Partners operates with a strategic business plan to maintain a consolidated footprint and develop the prospective stacked pay provided... Read More