Warwick Investment Group has closed an agreement to acquire operated oil and gas assets in Texas’s Eagle Ford Shale from Rosewood Resources for $450 million.
The acquisition is poised to deliver both short- and long-term value due to the acreage's balanced mix of current production and near-term future development.
“This asset sits well within Warwick's investment criteria targeting current production, future drilling inventory and diversified commodity streams. We believe this acquisition represents a strong risk-adjusted return on deployed capital for our investors and welcome this asset to the Warwick portfolio,” said Ian Rainbolt, co-CIO of Warwick Investment Group.
Warwick Investment Group is a global investment firm investing capital in the real estate, energy and digital assets on behalf of U.S. and international pension funds, institutions and families.