Point Energy Partners II Completes Partnership with Vital Energy and Northern Oil and Gas
09/23/24, 12:38 PM
Location
Money
$1.1 billion
Industry
oil and gas
Type
partnership
Point Energy Partners II has completed a significant partnership with Vital Energy, Inc. and Northern Oil and Gas, Inc. involving the sale of its assets for $1.1 billion in cash. The partnership marks a milestone in Point Energy's operational journey, showcasing a commitment to innovation and excellence in the oil and gas sector.
Company Info
Location
fort worth, texas, united states
Additional Info
Founded in 2017, Point Energy Partners is a premier oil and gas company focused on developing the prolific resources of the Permian Basin. Point Energy is one of the largest private unconventional shale producers in the Texas Delaware Basin. Point Energy employs the highest caliber professionals to lead with innovation and efficiency to provide better tomorrow for our financial partners, communities and the needed energy security for the American people.