Pine Wave Energy Agrees to Sell Haynesville Assets to Silver Hill

FORT WORTH, Texas–(BUSINESS WIRE)–Pine Wave Energy Partners, LLC (“Pine Wave” or “The Company”) today announced that it has entered into a definitive agreement to sell certain Haynesville assets located in Caddo Parish, Louisiana, and Harrison and Panola Counties, Texas, to affiliates of Silver Hill Energy Partners III, LP (“Silver Hill”). Closing is expected in the second quarter of 2022 and is subject to customary approvals and closing conditions. Pine Wave will continue to operate its other properties and pursue new opportunities as a portfolio company of Old Ironsides Energy, LLC (“Old Ironsides”).