Dara Energy, a Production Focused Real Asset Company, Acquires Assets From Vinland Energy, an Appalachia Focused Operator
Dara Energy (“Dara”), a production focused company, announced it has closed an agreement to acquire oil and gas assets in Kentucky, Tennessee, and Texas from Vinland Energy (“Vinland”).
- Dara Energy (“Dara”), a production focused company, announced it has closed an agreement to acquire oil and gas assets in Kentucky, Tennessee, and Texas from Vinland Energy (“Vinland”).
- According to Dara CEO, Patrick Conway, the deal is poised to deliver strong risk-adjusted returns for Dara’s investors.
- The acquisition positions Dara to continue to grow its portfolio of producing oil and gas assets with associated midstream infrastructure.
- Commenting on the close, Patrick Conway said, “We are excited to deploy capital in what we believe to be institutionally underserved asset class: producing energy assets.