Midland-based Midway Energy Partners announced recently closing of an equity commitment from investment funds managed by Houston-based private equity firm Post Oak Energy Capital. Midway said it seeks to leverage its execution capabilities in an “acquire and exploit” strategy across the Permian Basin.
Brady Adams, COO, said Feb. 7 “Our experienced team is well positioned to generate strong returns and pursue new development opportunities in the Permian Basin. Over the last decade we have grown our operational expertise and built a reliable network of service providers, enabling us to develop projects responsibly and efficiently.”