PE Firm Acquires Powder River Basin EP

摘要

Private equity firm OneRock Energy is adding a sizable position in the Powder River Basin in its purchase of EP Northwoods Energy.Houston-based OneRock Energy Holdings agreed to acquire Northwoods Management Co.and certain related entities for an undisclosed sum,the firm announced.Northwoods is backed by investment firm Apollo Global Management.Once closed,the Northwoods acquisition will add more than 160,000 largely contiguous net acres of leaseholds interests spanning Converse,Campbell and Johnson counties,Wyo.