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OFS - WaterBridge raises $345MM, completes three acquisitions - January 2020
WaterBridge Holdings raised $345 million of equity capital in December and completed acquisitions of produced water infrastructure in the southern Delaware Basin from Primexx Energy Partners, Tall City Exploration III and Jetta Permian. Following the acquisitions, WaterBridge has over 600,000 acres under long-term dedication in the southern Delaware. From Primexx, WaterBridge picked up 70 miles of pipeline and six disposal wells with 150,000 bbl/d permitted capacity in Reeves County, Texas. The company said it......
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