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Harmonia Petroleum Puts Core Permian Assets Up for Grabs
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CohnReznick Capital Markets Securities announced that it has been engaged to serve as the exclusive advisor to Harmonia Petroleum Corporation, a Houston-based private oil and gas company affiliated with Shanghai, China-based fund, Harmonia Capital Group.
CohnReznick Capital Markets Securities will advise HPC on the sale of its operated core Permian Basin oil and gas assets located in Howard and Borden Counties, TX.
HPC currently owns and operates the leases of more than 16,000 gross acres (15,000 net acres) in the Midland Basin, which is located within the greater Permian Basin.
Sam (Yinglin) Xu, Head of Oil & Gas Investment Banking at CohnReznick Capital Markets Securities, said: "The Permian Basin has remained resilient for its resource potential and strong well economics, even in…
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