Post Oak Energy Capital Announces Midway Energy Partners Asset Monetization
Simpson Thacher advised Post Oak Energy Capital, LP (“Post Oak”) and Midway Energy Partners, LLC (“Midway”) in connection with the sale by Midway of Permian Basin assets to multiple operators. The terms of the transactions were not disclosed.
Post Oak is a private equity firm focused on the North American energy sector based in Houston, Texas. Midway is an upstream platform focused on the acquisition and development of operated positions across the Permian Basin based in Midland, Texas.
The Simpson Thacher team included Katy Lukaszewski, John Brannan, Kimberly Jacobs and Eric Zhi (M&A); and Alec Jarvis and Roberto Arza (Tax).