Acquiring Company
Petro-Hunt
Acquired Company
Basin
Description
Petro-Hunt Permian, LLC, a fully owned subsidiary of Petro-Hunt, L.L.C., has completed the acquisition from APR Operating LLC (dba Admiral Permian Resources) of predominantly operated oil and gas production and leasehold in Northwest Reeves and Northeast Culberson Counties, Texas, in the Delaware Basin.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed