WhiteHawk Energy gets $100 million acquisition finance facility

By Mary-Katherine Stinson

Lexington, Ky., Aug. 7 – WhiteHawk Energy, LLC announced it entered a $100 million acquisition finance facility, according to a press release.

The facility matures Dec. 31, 2025.

Repayments on the facility may be made at any time.

The company utilized an initial $20 million draw on the facility to fund an additional closing of Haynesville Shale natural gas mineral and royalty assets from Mesa Minerals Partners II, LLC located in northwestern Louisiana and eastern Texas.

The company’s Haynesville royalties cover approximately 375,000 gross unit acres in the Haynesville Shale and are being actively developed by Southwestern Energy, Chesapeake Energy, Aethon Energy Management and Comstock Resources.

Weil, Gotshal & Manges LLP acted as legal counsel to WhiteHawk.

The company stated it expects to make further drawdowns to fund future acquisitions of mineral and royalty assets.

Philadelphia-based WhiteHawk Energy is focused on acquiring mineral and royalty interests in top-tier natural gas resource plays, including the Haynesville and Marcellus Shales where it currently manages 850,000 gross unit acres with interests in more than 2,500 producing horizontal wells.

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