ABOUT HEYCO ENERGY GROUP
HEYCO Energy Group is a privately owned, upstream energy portfolio company that delivers strategy, sophisticated unconventional technology, and capital to oil and gas exploration projects in the United States and Europe.
HEYCO’s core resources are technical knowledge and management experience applied by a team with specific and proven skills in geology, geophysics, reservoir engineering, international negotiation, drilling and production, and land and operations management.
After several decades operating in the Permian Basin, HEYCO’s focus domestically is now on non-operated projects in New Mexico, East Texas, Wyoming, and Louisiana.
HEYCO adds value to international projects by providing strategy, technical expertise, regulatory advice, and a network of expert contacts built over decades.
HEYCO Energy Group, Inc., through its subsidiary Petrichor Partners LP, completed its acquisition of UK-based energy firm Egdon Resources plc, the companies announced jointly today. The acquisition, which was unanimously recommended by Egdon’s board of directors in May, marks a new milestone in the 20-year relationship between the two companies.
HEYCO Energy Group Inc., through subsidiary Petrichor Partners LP, completed its acquisition of UK-based Egdon Resources plc. Financial details were not disclosed.
Egdon Resources PLC announced on Tuesday that the North Sea Transition Authority condition for its purchase by Petrichor Partners LP has been satisfied, further paving the way for a court-sanctioned scheme of arrangement.