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MCS - Paloma Partners IV Highlights - January 15, 2020
Paloma Partners IV substantially increased its northwest STACK exposure through the acquisition of fellow EnCap portfolio company Excalibur Resources. Houston-based Paloma, which is also backed by Macquarie Americas, added Excalibur’s assets primarily in Dewey, Custer and Caddo counties, Oklahoma to its existing portfolio spanning the STACK and Merge plays and reaching into the SCOOP. According to its website, Paloma IV currently operates two rigs on its 102,000-net-acre position. Formed in 2014, it is the......
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