Highpeak Energy, Inc. Announces Closing Of Hannathon Acquisition And Increase To The Company’S Borrowing Base
Acquiring Company
HighPeak Energy
Acquired Company
Hannathon
Description
HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced (i) the closing of the acquisition of the Howard County assets of Hannathon Petroleum, LLC (“Hannathon”) and other non-operated working interest owners (“Hannathon Acquisition”) and (ii) that its bank group, led by Fifth Third Bank, N.A., (“Fifth Third Bank”) has increased the Company’s borrowing base and aggregate elected commitments to $400 million.
Quick answer
HighPeak Energy is acquiring Hannathon, announced June 30, 2022. HighPeak Energy is based in Fort Worth, Texas, United States.
- How much did HighPeak Energy pay for Hannathon?
- The deal value was not disclosed.
- What does HighPeak Energy do?
- HighPeak Energy, Inc. is a publicly traded independent oil and natural gas company, headquartered in Fort Worth, Texas, focused on the acquisition, development, exploration and exploitation of unconventional oil and..
- Where are HighPeak Energy and Hannathon based?
- HighPeak Energy is based in Fort Worth, Texas, United States.
- Who are the decision-makers at HighPeak Energy?
- Fundz holds 2 contacts at HighPeak Energy. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Hannathon?
Hannathon was acquired by HighPeak Energy, based in Fort Worth. The deal was reported on June 30, 2022. HighPeak Energy, Inc. HighPeak Energy is publicly traded (HPK) and operates in Energy.
When did HighPeak Energy acquire Hannathon?
HighPeak Energy's acquisition of Hannathon was reported on June 30, 2022. HighPeak Energy, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hannathon do?
Hannathon is an Oil and Gas production company based in Midland Texas. Co-founders, Justin Kuethe and Wes Reeves began the company in 2007...…. It is privately held.
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