Hatch Resources and Ridgemont Form Partnership to Acquire Permian Assets

Hatch Resources, a newly formed E&P company based in Austin, Texas, has entered into a partnership with private equity firm Ridgemont Equity Partners to pursue the acquisition of oil & gas assets in the Permian Basin. The Hatch management team is led by James Murchison (CEO), Tripp McCullar (VP – Land), Paul Fears (President – Geology), and Ty Lerche (Director – Finance), who previously served in various roles at Venado Oil & Gas, Black Oak, Carrizo Oil & Gas, and Callon Petroleum. Charlotte-based Ridgemont Equity Partners is focused on middle market buyout and growth equity investments in the business and industrial services, energy, healthcare, technology and telecommunications sectors, and has provided over US$4 billion of capital to private companies and new business platforms since 1993.