North Hudson Resource Partners LP and its affiliated funds (“North Hudson”), in partnership with the management team of HWN Energy Ltd. (“HWN”), today announced the acquisition of HWN. Prior to close, a subset of HWN’s southern Cardium-focused assets, including approximately 8,300 Boe per day of production, were spun out on a non-arm’s length basis and excluded from this acquisition.

HWN’s key growth asset includes over 180,000 net acres in the oil-focused Montney formation — one of North America’s most prolific resource plays, located in northwestern Alberta. HWN’s pro forma 2026 production approaches 20,000 Boe per day with an extensive inventory of development drilling locations. The position represents the 2nd largest privately held liquids-focused Montney position in Canada and includes a significantly expanded midstream system capable of supporting future growth.

HWN will continue to be led by its existing management team, including founders, CEO John Oberg and SVP of Engineering Marc Shatzer. CFO Mark Munro and COO Kent Fawcett will also continue in their leadership positions along with other senior members of the HWN team. The team brings significant operating and M&A experience along with a demonstrated track record of community engagement and environmental stewardship.

“We are excited to partner with North Hudson and look forward to continuing our Montney-focused growth,” said John Oberg, CEO of HWN Energy. “The team has done a fantastic job since inception building HWN through over 150 discrete transactions across Alberta. Combined with the financial and strategic support of North Hudson, HWN is well positioned to continue to thoughtfully expand its footprint and excel on the operational front.”

“North Hudson and our non-operated arm, Fortuna Operating, partnered with HWN in 2025 on a 13-well Montney joint venture. We were pleased with the results of that transaction which led to the opportunity to do more with the HWN team. Their established asset base provides an excellent platform for continued development and value creation for our investors,” said Mark Bisso, Managing Partner at North Hudson.

KeyFacts Energy: Acquisitions & Mergers news