Carnelian Energy Capital

Carnelian Energy Capital is a private equity firm based in Houston, Texas, founded in 2015. The firm specializes in lower and middle market investments within the energy sector, particularly focusing on the upstream, midstream, and oilfield services industries. Carnelian typically seeks equity investments ranging from $35 million to $75 million, targeting opportunities across North America. The firm manages multiple funds dedicated to the oil and gas sector, reflecting its commitment to supporting energy-related ventures.

Tomas Ackerman

Co-Founder and Partner

Wes Dooley

Senior Associate

Patrick Elder

Associate

Benjamin Fowler

Associate

Ben Fowler

Associate

Reed Glass

Associate

Kevin Goodman

Managing Director

Daniel Goodman

Co-Founder and Partner

Matt Kelly

Principal

Knight Kennedy

Associate

Dillon MacDonald

Principal

Craig Schecter

Vice President

Stephen Wedemeyer

CFO

Past deals in Houston, TX

Catena Resources

Private Equity Round in 2018
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.

Grit Oil & Gas Partners

Private Equity Round in 2017
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

Venture Round in 2016
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.
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