Carnelian Energy Capital

Operator of an oil and gas exploration and production (E&P) company focused primarily on the Delaware Basin. The company employs a diverse team of professionals who leverage technical and operational expertise and pursue an acquisition and development strategy, enabling clients to maximize value on development-oriented projects.

Li-Cycle is a clean technology company specializing in the recycling of lithium-ion batteries. Founded in 2016 and based in Mississauga, Canada, the company employs an innovative process known as Li-Cycle Technology™ to recover 80 to 100% of materials from end-of-life batteries. This closed-loop resource recovery system not only ensures the safe and sustainable processing of battery waste but also addresses the increasing demand for critical materials essential for battery production. In addition to recycling, Li-Cycle provides various services, including logistics management and destruction, aimed at creating environmentally responsible solutions for battery disposal and resource recovery.

VoltaGrid LLC, based in Bellaire, Texas, is an energy company that specializes in advanced energy management and generation solutions. Established in 2020, VoltaGrid focuses on enhancing power quality and reliability through its innovative platform. The company provides a portable and scalable power system that integrates natural gas and grid power, catering to clients in various industries including pressure pumping, remote mining, utility, and distributed generation. VoltaGrid's technology aims to significantly reduce emissions and fuel consumption, promoting efficiency in energy use.

Bison Oil & Gas is an exploration and production company that seeks to expand its position via leasing, acquisition, and joint venture. It was founded in 2015 and is headquartered in Denver, Colorado, United States.

Hawthorne Energy is a privately held oil and natural gas exploration and production company founded in 2020 and headquartered in Stamford, Connecticut. The company primarily operates in Central and Northern Alberta, concentrating on the acquisition of strategic assets in select onshore basins across North America. Hawthorne Energy is committed to developing its existing properties while actively seeking opportunistic acquisitions, particularly within the Western Canadian Sedimentary Basin.

Selenite Energy Partners, LLC is a principal investment firm based in Oklahoma City, Oklahoma, specializing in the North American energy sector. Founded in 2019, the firm focuses on middle-market special situations and structured transactions within the upstream, midstream, and oilfield services segments. Selenite Energy Partners aims to identify and capitalize on unique investment opportunities that provide long-term, sustainable value for its clients.

SandPoint Resources is an oil and gas company that focuses on acquiring and developing upstream oil and gas assets. The company was established in 2018 and is headquartered in San Antonio, Texas, United States.

Catena Resources, LLC is an independent oil and natural gas company that specializes in the acquisition, development, and operation of energy properties throughout North America. Founded in 2018, the company is headquartered in Houston, Texas. Through its strategic initiatives, Catena Resources aims to enhance the value of its assets and contribute to the energy sector.

Driftwood Energy Partners, LLC, founded in 2017 and headquartered in Dallas, Texas, is an upstream oil and gas company specializing in the acquisition and horizontal development of operated properties, particularly in the Permian Basin. The company is focused on oil and natural gas production services, aiming to enhance its portfolio through strategic property development and management.

Grit Oil & Gas Partners, LLC is an upstream oil and gas company based in Houston, Texas, that specializes in the acquisition, development, and operation of oil and gas assets. Established in 2016, the company primarily focuses on producing oil and natural gas in Texas. Grit Oil & Gas is partnered with Carnelian Energy Capital, a private equity firm also located in Houston, which enhances its capacity to create value within the energy sector.

Percussion Petroleum, LLC is an independent oil and natural gas company based in Houston, Texas, founded in 2015. The company specializes in the acquisition and development of onshore oil and gas resources in North America. With a strategic focus on exploiting opportunities in select basins, Percussion Petroleum aims to enhance its portfolio through partnerships, notably with Carnelian Energy Capital, a private equity sponsor. The leadership team includes experienced professionals John Campbell III, Lupe Carrillo, and Brian Zwart, who guide the company’s efforts in identifying and capitalizing on promising energy assets.