Independence Resources Management LLC
About
Independence Resources Management LLC is a Houston-based privately held oil and gas company focused on acquiring and developing Permian Basin hydrocarbon resources. The company was formed in December 2014 with a $500 million line-of-equity investment from Warburg Pincus, a leading global private equity firm, and its management team.
Editor's note: Updated Dec. 18, 2020.
Headquarters Address
Houston, TX
United States
Website
independenceresources.comTransactions
Earthstone Energy to Acquire Warburg-backed Midland Basin Operator in $185.9 Million Deal
Earthstone Energy to Acquire Warburg-backed Midland Basin Operator in $185.9 Million Deal
Resolute Closes Gardendale Sale, Repays $95 Million Debt
Resolute Closes Gardendale Sale, Repays $95 Million Debt
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New Financings
Startup company targeting Midcontinent and Rockies oil and gas acquisitions, initially in Anadarko Basin…
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News
Earthstone Closes $185.9 Million Acquisition of Warburg-backed Permian Operator
Earthstone Energy completed its cash-and-stock acquisition of Independence Resources Management, a Midland Basin operator backed by Warburg Pincus, previously announced on Dec. 18.
Earthstone Energy to Acquire Warburg-backed Midland Basin Operator in $185.9 Million Deal
Earthstone Energy’s acquisition of Independence Resources Management is expected to roughly double both the company’s production and adjusted EBITDAX with minimal impact to leverage, says Earthstone CEO Robert J. Anderson.