OneRock Energy Completes Acquisition, Expands Presence in Powder River Basin

Houston-based oil and gas private equity firm, OneRock Energy Holdings, LLC, announced today the successful completion of its acquisition of Northwoods Management Company and its related entities. This acquisition further solidifies OneRock's presence in the Powder River Basin, a region known for its highly productive oil and gas assets.

Northwoods owns and operates a vast expanse of over 160,000 predominantly contiguous net acres of leasehold interests in Converse, Campbell, and Johnson Counties in Wyoming. These assets have been proven to produce approximately five thousand barrels of oil equivalent, making them highly valuable in the current energy market.

The completion of this acquisition marks an important milestone for OneRock Energy Holdings. As the upstream investment arm of Pan Management, OneRock is dedicated to identifying and seizing strategic acquisition and development opportunities in the energy sector. With this latest move, OneRock demonstrates its commitment to fostering growth and unlocking the untapped value of oil and gas assets.

"We are thrilled to announce the completion of our acquisition of Northwoods," said the OneRock Energy Holdings team. "This acquisition aligns perfectly with our long-term growth strategy and further establishes our presence in the highly productive Powder River Basin. We are excited about the potential of these assets and look forward to maximizing their value."

Strategic Legal Counsel

To ensure a smooth acquisition process, OneRock Energy Holdings enlisted the services of Willkie Farr & Gallagher LLP. As their legal advisor, Willkie Farr & Gallagher LLP played a crucial role in navigating the complexities of the transaction and providing expert counsel throughout the process.

About OneRock Energy Holdings

OneRock Energy Holdings is a Houston-based oil and gas private equity firm and the upstream investment arm of Pan Management. With a steadfast focus on identifying and seizing acquisition and development opportunities, OneRock is committed to fostering growth and unlocking the value of oil and gas assets. By strategically expanding its portfolio, OneRock aims to solidify its position as a leading player in the energy industry.

About Pan Management

Headquartered in Houston, Texas, Pan Management is an energy investment firm that specializes in natural gas trading, upstream oil and gas investment, and midstream oil and gas investment. Since its establishment in 2013, Pan Management has built a strong reputation for its expertise and experience in the energy sector. Boasting a leadership team with decades of combined investment experience, the firm oversees a diverse portfolio of over $2 billion in assets under management.

Looking Ahead

With the completion of the Northwoods acquisition, OneRock Energy Holdings is well-positioned to capitalize on the vast potential of the Powder River Basin. The company's dedication to identifying and seizing strategic opportunities ensures its continued growth and success in the dynamic energy market. As the demand for oil and gas remains strong, OneRock Energy Holdings will continue to explore new avenues of expansion and deliver value to its stakeholders.

Disclaimer: This article is meant for informational purposes only. It is not intended to provide investment advice or endorse any specific investment. Please consult with a professional financial advisor before making any investment decisions.