Magnolia Oil & Gas to buy WildFire Energy for $4.06 billion
MGY•Closing expected in late Q3 2026
Closing is expected in late Q3 2026, subject to customary conditions and regulatory approvals.
Magnolia Oil & Gas agrees to buy WildFire Energy
Magnolia Oil & Gas agreed to buy private producer WildFire Energy from Warburg Pincus and Kayne Anderson for $4.06 billion.
WildFire operates in South Texas, producing 53 Mboe/d, about 70% oil, across about 810,000 net acres.
