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
ZI Rank: 3
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About 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 by core Delaware reservoir rock. The company maintains multiple operational locations across North America and offers comprehensive retirement benefits to its team members.Explore more
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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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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
