Houston investment startup Pickering Energy Partners said last month it is forming a joint venture with Midland’s Henry Resources to invest about $500 million in acquiring and developing acreage in Permian Basin. Henry Resources is a family firm focused on Permian Basin that sold its original company, Henry Petroleum, to Midland’s Concho Resources. The joint venture will be operated by Henry Resources.
Permian Basin Oil and Gas Magazine
PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.