Magnolia Oil Agrees to Buy WildFire Energy in $4.1 Billion Deal
Deals·1 article across 1 outlet
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Magnolia Oil & Gas Corp. agreed to acquire WildFire Energy LLC for about $4.1 billion including debt, expanding its presence in the Eagle Ford Shale basin of south Texas.
This acquisition marks a significant move for Magnolia as it seeks to enhance its operations in a key oil-producing region.
Magnolia OilWildFire Energy
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“Magnolia Oil & Gas Corp. agreed to acquire WildFire Energy LLC for about $4.1 billion including debt, expanding its presence in the Eagle Ford Shale basin of south Texas.”
Bloomberg — Magnolia Oil Agrees to Buy WildFire Energy in $4.1 Billion Deal