Mark Papa
Mark Papa’s Silver Run will own 89% interest in Centennial
Silver Run Acquisition Corporation (ticker: SRAQ), a special purpose acquisition company (SPAC) run by former 14-year EOG Resources (ticker: EOG) CEO Mark Papa, agreed to purchase approximately 89% interest in Centennial Resource Production, an independent E&P located in the core of the Southern Delaware Basin, from an affiliate of Riverstone Holdings LLC. Two weeks ago, Riverstone acquired a majority stake in Centennial from Natural Gas Partners (NGP) for $175 million.
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