Stronghold Energy II Holdings LLC
About
Based in Midland, Texas, Stronghold Energy II is a privately-held oil and gas company focused on acquiring and developing properties in the Permian Basin. Stronghold is particularly focused on the Permian’s Central Basin Platform. Stronghold was capitalized in 2017 with a $150 million commitment led by Warburg Pincus and flexibility to add additional capital as required.
Headquarters Address
508 W. Wall, Suite 1075
Midland, TX 79701
United States
Website
www.strongholdoperating.comMain Phone Number
Transactions
Ring Energy to Acquire Stronghold for up to $465 Million
Ring Energy to Acquire Stronghold for up to $465 Million
Devon Energy Deals Central Basin Platform Assets For $191 Million
Devon Energy Deals Central Basin Platform Assets For $191 Million
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News
Family Behind Stronghold Energy Raises $500MM for Permian Deals
After selling Stronghold Energy II to Ring Energy for $465 million last year, Steve and Caleb Weatherl aim to develop another Permian position with their new E&P, Garrison Energy.
A&D Minute: E&Ps Keep an Eye Out for Depth, M&A [WATCH]
In this week's A&D Minute, ConocoPhillips snaps up Canadian oil sands assets in a $3 billion deal, tripping up Suncor in the process, and VTX Energy and Stronghold Energy II stay open-minded to M&A in attempts to target depth.
Ring Energy Completes $465 Million Acquisition of Stronghold
Ring Energy announced in July an agreement to acquire Stronghold Energy II Operating LLC and Stronghold Energy II Royalties LP for up to $465 million.
Ring Energy to Acquire Stronghold for up to $465 Million
Following the closing of the transaction, the owners of Stronghold II Operating, founded in 2017 by father and son duo Steve and Caleb Weatherl, will become Ring Energy’s largest stockholder.
New Privates: Oil and Gas Startups Stand Out
New private oil and gas companies establish their footprints to showcase innovative ways of doing business during a difficult time.
Devon Energy Deals Central Basin Platform Assets For $191 Million
Devon Energy had been actively shopping the Permian Basin assets, and others in the Rockies, the past several months.