Houston energy co. closes nearly $600M Eagle Ford deal, adds Carlyle board members

Houston-Based WildHorse Resource Development Corp. (NYSE:WRD) on June 30 closed its previously announced acquisition of approximately 111,000 net acres in the East Texas Eagle Ford from The Woodlands-based Anadarko Petroleum Corp. (NYSE: APC) and affiliates of Kohlberg Kravis Roberts & Co. LP (NYSE: KKR).

When the deal was first announced, it was expected to be worth $625 million in cash and stock. After customary purchase price adjustments, WildHorse paid $533.6 million in cash and approximately…

Houston energy co. closes nearly $600M Eagle Ford deal, adds Carlyle board members syndicated post

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s