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Middle Fork Energy Partners, LLC

Company Summary

Description

Middle Fork is a Denver, CO based company focused on acquiring, developing and operating properties in the Rocky Mountain region of the United States. The Middle Fork team is led by Valdez as Chief Executive Officer and Wojahn as Executive Chairman. Prior to Middle Fork, Valdez most recently served as VP - Marketing & Planning for Vantage Energy, LLC ("Vantage"), a Quantum portfolio company. Prior to Vantage, Valdez served in a variety of roles at Encana Oil & Gas (USA) Inc. ("Encana USA"), including VP -- Planning and Asset Manager -- Piceance Basin. Wojahn has over 30 years of oil & gas industry leadership experience, including leading Encana USA as its President from 2006 to 2013. In addition to the Founders, all other Middle Fork leadership roles have been filled with individuals who worked closely alongside the Founders at prior companies including Ty Harrison, CFO, Frank Merendino, SVP -- Operations, Worth Carlin, VP -- Land, and Rob Zaback, VP -- Development.

Operational Regions

  • Rockies

Related Entities

Recent news

  • 7/10/2018 - QEP Resources Divesting... (subscriber access)
  • 5/24/2017 - Quantum Energy Forms... (subscriber access)

Company Transactions

Date: 9/30/2018
Type: Acquisition

BUYERS:
  • Middle Fork Energy Partners, LLC
    • SELLERS:
  • QEP Resources, Inc.
    • DETAILS:

    COST: 155 $MM

    VOLUMES: 54 Mmcfe/d

    NOTES:
    The Divestiture includes an estimated 605 Bcfe of proved reserves as of December 31, 2017, and net production in the first quarter of 2018 was 54 MMcfed, of which approximately 23% was liquids.
    REGIONS:
  • Uinta Basin