Following the successful divestment of its oil and gas assets in the Hearne field of East Texas in December 2021, the former management team of TreadStone Energy Partners II (TreadStone II) has formed TreadStone Energy Partners III (TreadStone III) with an equity commitment in excess of USD180 million from Kayne Anderson Energy Fund VIII (Kayne Anderson) and TreadStone III management.
TreadStone III represents the continuation of a successful partnership with Kayne Anderson Energy Funds dating back to the 2011 formation of TreadStone Energy Partners (TreadStone I).
TreadStone III is a private exploration and production company that will pursue the acquisition of producing oil and natural gas properties with exploitation and development upside. The TreadStone III management team is led by Greg West as Chief Executive Officer, Frank McCorkle as President, Leandro Vargas as Vice President Land & General Counsel, and David Kita as Vice President Subsurface.
