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Former Permian Execs Launch New E&P Company
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Former RSP Permian Inc. executives Scott McNeill, Jim Mutrie and Josh Rosinski with the backing on NGP have launched a new blank-check / SPAC (Special Acquisition Company).
This comes a little over a year after RSP Permian agreed to be sold to Concho for $9.5 billion.
The new company, Switchback Energy Acquisition Corp., is backed by NGP, according to a draft S-1 document filed with the SEC on May 28, 2019. This document is normally used in preparation for an initial public offering (IPO), where companies filed to go public.
Not much more is known about the company yet as the story is developing. Shale Experts will update this story as more information becomes available.
People.Scott McNeill, our Chief Executive Officer and Chief Financial Officer, has over 20 years of experience in…
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