Mack Energy Corporation
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Mack Energy Corporation - overview
Established
1988
Location
Artesia, NM, US
Primary Industry
Oil & Gas
About
Mack Energy Corporation is involved in the exploration and production of oil and natural gas, primarily in the Permian Basin, utilizing advanced technologies for efficient and safe operations. Mack Energy Corporation specializes in the exploration and production of hydrocarbon resources, headquartered in Artesia, US. Founded in 1988 by Mack Chase, the company has undergone strategic developments in response to market demands. In March 2006, Hkk Partners acquired Mack Energy Corporation, although specific financial details of the deal were not disclosed.
The company has completed a total of 1 deal since its inception. Mack Energy Corporation specializes in the exploration and production of oil and natural gas, focusing on the Permian Basin. The company extracts and distributes hydrocarbons, employing advanced drilling techniques and best practices to enhance efficiency and safety. Their client base spans large energy companies to local businesses in the continental United States, with a significant focus on resource-rich regions like Texas and New Mexico.
Mack Energy Corporation generates revenue through the sale of oil and natural gas to a diverse clientele, including industrial, commercial, and governmental entities. The company engages in direct sales and partnerships that support B2B and direct-to-consumer models. Transactions typically involve bulk sales and long-term contracts, reflecting the dynamic nature of energy markets while ensuring a steady revenue stream through reliable energy solutions. Mack Energy Corporation aims to expand its market presence by targeting new geographic regions, particularly areas with untapped resources in the continental US.
The company plans to leverage its existing infrastructure to introduce new products designed to increase energy efficiency, with specific details on product launches and timelines to be determined in future announcements. The strategic acquisition by Hkk Partners in 2006 is part of a broader initiative to enhance operational capabilities and support growth initiatives.
Current Investors
HKK Partners
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production, Oil & Gas Equipment and Services
Website
www.mec.com
Verticals
Infrastructure
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Mack Energy Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Mack Energy Corporation | - |
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