Your Portal for Key Energy Information and Research

Jetta Permian, L.P.

Company Summary

Description

Jetta Permian will target assets and leasehold in the Delaware Basin located in West Texas and southern New Mexico with $1.0 billion of capital committed from Blackstone and Jetta’s partners.

Related Entities

Recent news

  • 12/20/2019 - WaterBridge Raises $345... (subscriber access)
  • 8/25/2016 - Blackstone Energy... (subscriber access)

Company Transactions

Date: 12/20/2019
Type: Acquisition

BUYERS:
  • WaterBridge Resources LLC
    • SELLERS:
  • Primexx Operating Corporation
  • Jetta Permian, L.P.
  • Tall City Exploration III LLC
    • DETAILS:
    NOTES:
    WaterBridge Holdings has secured $345 million in backing from private-equity firms, including $195 million issued to Five Point Energy and $150 million to Magnetar Capital (who may purchase a further $100 million.) They used this financing to acquire nearly 100-miles of pipeline and seven disposal wells in the Permian from a group of PE-backed operators, including Primexx, Tall City Exploration and Jetta Permian.
    REGIONS:
  • Permian Basin