HighPeak Energy, Inc. is an independent oil and natural gas exploration and production company headquartered in Fort Worth, Texas. The company was formed through a business combination in 2020 between HighPeak Energy and Pure Acquisition Corporation, a SPAC sponsored by Jack Hightower (its Chairman & CEO).
HighPeak’s operations are concentrated in the Permian Basin, specifically in the Midland Basin, with a strong presence in Howard County and Borden County, Texas, and modest acreage in Scurry and Mitchell counties. It holds more than 140,000 net acres of operated and non-operated interest, with approximately 90 % of its acreage being operated. Its production mix is liquids-heavy: over 70 % oil and more than 85 % liquids (i.e. oil + NGLs) in its output portfolio.
Beyond pure upstream development, HighPeak distinguishes itself by emphasizing operational efficiency, blocky (contiguous) acreage, and manageable drilling execution in shallower pay zones. Its relatively tight geographic focus in the Midland Basin provides it scale and potential synergies in midstream access and well optimization.