HOUSTON, June 30, 2020 (GLOBE NEWSWIRE) — Hawthorne Energy, LLC (“Hawthorne”) today announced the closing of an equity commitment from Carnelian Energy Capital III, L.P., an investment fund managed by Carnelian Energy Capital Management, L.P. (“Carnelian”). 
Hawthorne, an independent oil and gas company led by executives John Oberg and Marc Shatzer, is pursuing an opportunistic acquisition strategy in select onshore basins in North America.  Most recently, Oberg and Shatzer worked together at Three Rivers Operating Company III, LLC.  Prior to that, Oberg worked at Three Rivers Operating Company II, LLC after holding various energy private equity and finance roles earlier in his career, while Shatzer worked at Pioneer Natural Resources.“We are excited to partner with Carnelian in forming Hawthorne,” said John Oberg, Hawthorne’s Chief Executive Officer. 

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