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North Hudson Resource Partners Acquires Gas and Oil Company Logos Resources.

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MANews-(C)2009-2022

US-based energy investment firm North Hudson Resource Partners LP and its affiliated funds, in partnership with the management team of US-based natural gas and oil company Logos Resources II, LLC, has acquired Logos from affiliates of ArcLight Capital Partners, LLC for approximately USD 402m, the firm said.

Logos' assets include over 230,000 net acres in the San Juan Basin, current net production of 106 MMcfe per day, and an extensive inventory of drilling locations in the core of the prolific Mancos Shale and Gallup oil play.

Logos recently commenced its 2022 drilling program and anticipates increasing net production to approximately 130 MMcfe per day by year end.

Logos will continue to be led by its existing management team, including its CEO Jay Paul McWilliams.

Management is comprised of San Juan Basin veterans, collectively bringing more than 100 years of regional drilling and operating experience as well as an extensive track record of community interaction and environmental stewardship.

Kirkland and Ellis and Skadden served as legal counsel for North Hudson.

North Hudson Resource Partners LP is a Houston-based energy investment firm...

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