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, operates in the energy sector, focusing on advanced energy management and generation solutions. Founded in 2020 and previously known as Nexgrid Technologies LLC, the company has developed a portable and scalable power platform that integrates natural gas with grid power. This innovative system is designed to enhance power quality and reliability while enabling clients in industries such as pressure pumping, remote mining, utilities, and distributed generation to achieve significant reductions in emissions and fuel consumption. VoltaGrid's offerings aim to provide intelligent and clean energy solutions to meet the evolving needs of its customers.

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 that focuses on the acquisition of assets. The company was founded in 2020 and is headquartered in Stamford, Connecticut.

Selenite Energy Partners is formed to pursue middle-market special situations and structured transactions. The company was founded in 2019 and is headquartered in Oklahoma City, Oklahoma, United States.

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 is an independent oil and natural gas company that focuses on acquiring, developing and, operating properties. The company is headquartered in Houston, Texas, United States.

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 is an upstream company focused on creating value through the acquisition, development and operation of oil and gas assets. Grit is partnered with Carnelian Energy Capital, a Houston-based energy private equity firm.

Percussion Petroleum, LLC is an independent oil and natural gas company based in Houston, Texas. Established in 2015, it focuses on acquiring and developing onshore basins in North America. The company seeks to identify and exploit opportunities within these basins, leveraging its partnership with Carnelian Energy Capital, a prominent private equity firm. Led by executives John Campbell III, Lupe Carrillo, and Brian Zwart, Percussion Petroleum aims to enhance its portfolio through strategic acquisitions and operational advancements in the energy sector.