Following the divestment of its oil and gas assets in the Hearne field of East Texas in December 2021, the former management team of TreadStone Energy Partners II has formed TreadStone Energy Partners III with an equity commitment of more than $180 million from Kayne Anderson Energy Fund VIII and TreadStone III management.
TreadStone III represents the continuation of a successful partnership with Kayne Anderson Energy Funds dating back to the 2011 formation of TreadStone Energy Partners.
TreadStone III is a private exploration and production company that will pursue the acquisition of producing oil and natural gas properties with exploitation and development upside. The TreadStone III management team is led by Greg West as CEO, Frank McCorkle as president, Leandro Vargas as vice president land and general counsel, and David Kita as vice president subsurface.
“TreadStone has assembled a talented team, and we are excited to partner again with Kayne Anderson to
