Warburg Pincus Weighs Sale of Explorer Hawkwood Energy
- A deal is likely to value Hawkwood at less than $1 billion
- Warburg has reduced its commitment to oil and gas investments
Photographer: Matthew Busch/Bloomberg
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Private equity firm Warburg Pincus is working on a sale of an oil and gas portfolio company Hawkwood Energy, according to people familiar with the matter.
The firm is working with an adviser to find a buyer for the Denver-based oil and gas exploration and production company, said the people, who asked not to be identified because they weren’t authorized to speak publicly.