Warwick Energy Buys Eagle Ford’s R/C Sugarkane For Undisclosed Amount

The Deal Includes 6,000 Non-Operated Net Acres With 3,000 boe/d in Net Production
ConocoPhillips Eagle Ford Map

ConocoPhillips Eagle Ford Map | Click to Enlarge

Oklahoma City-based Warwick Energy entered an agreement in early April to acquire R/C Sugarkane LLC, an Eagle Ford upstream oil and gas company. Warwick is buying R/C Sugarkane from Riverstone Holdings, LLC, a New York-based private equity firm, for an undisclosed amount.

The deal includes RC Sugarkane’s non-operated working interests in 6,000 net Eagle Ford acres, with 3,000 boe/d in net production. The primary operator for the acreage is Conoco Phillips.¬†Riverstone managed its investment in partnership with Houston-based Texas Crude Energy Inc.

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