Post Oak sells Midway Energy Partners assets

Post Oak Energy Capital continues to monetize assets, announcing the sale of assets held by Midland-based Midway Energy Partners.

The announcement comes after Post Oak made six transactions in three weeks, including the sale of UpCurve Energy’s southern Delaware Basin assets and assets in the Haynesville and Oklahoma’s SCOOP play.

Midway is an upstream platform focused on the acquisition and development of operated positions across the Permian Basin, particularly the Midland Basin. Midway’s assets were sold to multiple operators.

“Midway reflects Post Oak’s strategy of backing entrepreneurial management teams with differentiated commercial and operational capabilities in the Permian Basin,” said Ryan Walsh, managing director of Post Oak, in a statement. “The Midway team executed an effective ground-game strategy in one of the most competitive basins in the country, successfully assembling a high-quality asset position that attracted interest from operators across the industry.”

Terms of the transaction were not disclosed.

Midway was founded in 2023 by Jack Walter, Brady Adams and Jordan Cox.

Post Oak Energy Capital was founded in 2006 and primarily targets private investments in the upstream and minerals and royalty sectors. The company has raised more than $3 billion in capital across five funds since its inception.