WildFire Energy I Signs Equity Line Exceeding $1 Billion

oil and gasWildFire Energy I, LLC, a Houston, TX-based oil and gas exploitation and production company, signed a line of equity arrangement exceeding $1 billion.

Backers included management, funds affiliated with Warburg Pincus and the Kayne Private Energy Income Funds.

Led by Chief Executive Officer Anthony Bahr and President and Chief Operating Officer Steve Habachy, WildFire Energy is an independent energy company focused on the acquisition, exploitation, and production of oil and natural gas properties in the US through the application of modern technology and production optimization.

The company’s management will leverage its experience of acquiring, optimizing and scaling assets, including WildHorse Resource Development (NYSE: WRD), Memorial Resource Development (NASDAQ: MRD), and their private company predecessors.



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