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Tall City Exploration III LLC

Company Summary

Description

Tall City Exploration III LLC is a Warburg Pincus backed exploration and production oil and gas company headquartered in Midland, Texas. The company's primary activities include the pursuit of acquisitions and the exploration and development of upstream oil and gas assets in the Permian Basin.

Website

https://www.prnewswire.com/news-releases/tall-city...

Operational Regions

  • Permian Basin

Related Entities

Recent news

  • 12/20/2019 - WaterBridge Raises $345... (subscriber access)
  • 9/17/2018 - Tall City Exploration... (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