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Will Energy Corporation

Company Summary

Description

Will Energy Corp (“WEC”) is an upstream oil and gas company focused on operated and non-operated producing assets. WEC seeks to increase its asset base through acquisitions and organic production growth.

Website

https://willenergycorp.com/

Recent news

Company Transactions

Date: 12/31/2019
Type: Acquisition

BUYERS:
  • Contango Oil & Gas Company
    • SELLERS:
  • Will Energy Corporation
    • DETAILS:

    COST: 23 $MM

    VOLUMES: 1.4 MBOE/d

    ACRES: 160000 Acres

    NOTES:
    Contango Oil & Gas entered into an agreement with Will Energy to acquire 159,872 net acres for a total consideration of $23 million, including $20 million in cash and $3 million in stock. The deal includes 1.4 Mboe/d (34% liquids) in production and 12,560 net acres in North Louisiana and 147,312 net acres in the Western Anadarko Basin of Texas & Oklahoma.
    REGIONS:
  • East Texas/Louisiana
  • Anadarko Basin