Covia Energy and Black Mountain Sand Merge to Form Iron Oak Energy Solutions

Iron Oak Energy Solutions Acquires Superior Silica Sands LLC

December 16, 2025

Energy

Iron Oak Energy Solutions LLC acquired Superior Silica Sands LLC in an all-stock transaction, adding over 3 million tons per year of frac sand production capacity and expanding Iron Oak's footprint in the Eagle Ford Shale. The deal increases Iron Oak's total annual production capacity to roughly 40 million tons and broadens the combined platform's ability to serve oil & gas, construction and industrial sand markets.

Golden Gate Capital Invests in Covia Following Chapter 11 Emergence

December 31, 2020

Industrial Services

Golden Gate Capital announced an investment in Covia as the company emerged from Chapter 11 after completing a financial restructuring that reduced long-term debt by approximately $750 million and cut fixed costs, including railcar obligations, by about $300 million. Golden Gate and its affiliates are the largest individual shareholder in Covia, a supplier of mineral-based material solutions headquartered in Independence, Ohio with an extensive network of plants and terminals across North America.

Iron Oak Energy Acquires High Roller Sand

April 2, 2025

Energy

Iron Oak Energy Solutions LLC has acquired High Roller Sand, adding a low-cost proppant facility near Kermit in Winkler County, Texas to expand its Permian Basin footprint and increase in-basin production capacity. The acquisition raises Iron Oak's annual production capacity and strengthens its network to serve Midland and Delaware Basin operators more reliably.

Petro-Victory Energy and BlueOak Investments Acquire Capixaba Energia

April 29, 2025

Energy

Petro-Victory Energy Corp., in partnership with financial backer BlueOak Investments, has completed the acquisition of Capixaba Energia LTDA, a producing onshore oil and gas asset in the Espírito Santo Basin that is currently producing ~400 boe/d. Under the joint venture agreement Petro-Victory will operate the assets and hold an initially nominal equity interest that can increase to 20% and then 50% upon achievement of performance milestones, while BlueOak has funded initial payments and committed additional capital expenditures.

Bonanza Creek and Extraction Merge and Acquire Crestone Peak; Rebrand as Civitas Resources

November 1, 2021

Oil & Gas

Bonanza Creek Energy and Extraction Oil & Gas completed their merger and subsequently acquired Crestone Peak Resources, rebranding the combined company as Civitas Resources (NYSE: CIVI). The transaction creates the largest pure‑play energy producer in Colorado's Denver‑Julesburg (DJ) Basin, with a stated focus on operational discipline, free cash flow generation and ESG leadership.

SilverBow Resources Acquires Assets of Sundance Energy and SandPoint Resources

April 14, 2022

Energy

SilverBow Resources agreed to acquire substantially all assets of Sundance Energy for approximately $354 million (plus up to $15 million contingent) and certain assets from SandPoint Resources for $71 million. The transactions — expected to close in mid/late 2022 — expand SilverBow's Eagle Ford footprint by roughly 39,000 net acres (plus SandPoint acreage), materially increase production and free cash flow, and create near-term synergies from contiguous acreage.