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Discussing PetroCore's Strategy In The Permian

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By Susan Klann, Hart Energy
July 1, 2014

The Permian Basin has launched multiple IPOs as horizontal drilling builds the value of its stacked pays. Likewise, a new crop of private-equity-funded exploration and production (E&P) companies are finding their way in the Permian Basin.

Mark Hiduke is managing partner of one such endeavor--PetroCore LLC, funded in May by Natural Gas Partners. The private-equity provider bestowed $100 million on Hiduke and his three partners--fellow Pioneer Natural Resources Co. alums Scott Lapierre and Colin O’Farrell and David Hall, a veteran of SM Energy Co. Hiduke is all of 27.

Hiduke, ...

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