Warwick Investment Group closed an agreement to acquire operated oil and gas assets in Texas's Eagle Ford shale from Rosewood Resources Inc., Dallas. The combined purchase price and anticipated development capital represents an incremental $450 million commitment.
Additional details were not provided, but Ian Rainbolt, co-chief investment officer of Warwick, in a release Sept. 15, said the asset “sits well within Warwick's investment criteria targeting current production, future drilling inventory, and diversified commodity streams.”
