Terms for the deal were not disclosed but under the agreement, RockPile will have no debt and will be provided with capital to fund operations and growth.
"When we started the process of identifying a new capital partner, I could not have imagined a better outcome than teaming up with White Deer Energy,” RockPile chief executive Curt Dacar said. “Their experience, values, and confidence in our Team make them an ideal fit for RockPile.”