WhiteHawk Energy Keeps Up Public Pressure to Make PHX Merge

Some 15 months ago, WhiteHawk Energy, headquartered in Philadelphia with ownership of mineral and royalty interests for over 1 million gross unit acres and over 3,400 producing horizontal shale wells between the Marcellus and the Haynesville, proposed marriage to PHX Minerals, based in Fort Worth, Texas, owner of 75,000 leased mineral acres principally located in the SCOOP and Haynesville plays (see WhiteHawk Energy Proposes Forced Merger with PHX Minerals, Inc.). WhiteHawk’s original overtures went unanswered, so it issued a public proclamation of its intent to get PHX down the aisle, willingly or not. PHX answered in August 2023 with a very public “get lost” message (see PHX Minerals Says WhiteHawk Marriage Proposal “Grossly Inadequate”). WhiteHawk is baaaaaccccck!

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