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Primexx Operating Corporation

Company Summary

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Recent news

  • 12/20/2019 - WaterBridge Raises $345... (subscriber access)

Company Transactions

Date: 12/20/2019
Type: Acquisition

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