Midland’s Midway Energy Partners divests Permian assets to multiple operators

Post Oak Energy Capital said last week Midland’s Midway Energy Partners completed a sale of Permian Basin assets to multiple operators.  Midway is an upstream platform focused on the acquisition and development of operated positions across the Permian Basin with an emphasis in the Midland Basin.

Ryan Walsh, managing director of Post Oak, said June 9, “The Midway team executed an effective ground-game strategy in one of the most competitive basins in the country, successfully assembling a high-quality asset position that attracted interest from operators across the industry.”

Houston-based Post Oak, a private equity firm focused on the North American energy sector, primarily targets private investments in the upstream and minerals and royalty sectors.  Terms of Midway’s transaction were not announced.