EnCap Investments

EnCap Investments is a venture capital and private equity firm that specializes in seed, start-ups, emerging growth, and early venture investments. It invests in upstream and midstream oil and gas companies. Within midstream assets, it prefers to invest in natural gas pipelines, gathering, processing facilities, energy infrastructure, natural gas gathering, treating, compression, processing and storage operations; oil gathering, and transportation. EnCap Investments was founded by David B. Miller and Gary R Petersen in 1088; and is headquartered in Houston, Texas.
NB

Nick Barham

Associate

CB

Charles Bauer

Partner

MB

Mark Burroughs

MD

MC

Matt Crystal

MD

SC

Shawn Cumberland

Managing Partner, Energy Transition

Jason M. DeLorenzo

Managing Partner

BD

Brooks Despot

Director

RP

Ryan P. Devlin

MD

PF

Preston Finkbeiner

Associate

MG

Michael Guenther

Associate

RH

Robert H. Haier

Chief Compliance Officer and Senior Advisor

MD

Mitchell D. Hovendick

Director

Jim Hughes

Managing Partner, Energy Transition

KM

Kyle M. Kafka

Partner

CK

Charlie Knapp

VP

CM

Connor Mannon

Associate

EM

E. Murphy Markham

Managing Partner

TM

Taylor McCay

VP

RJ

R. Jason McMahon

Partner

KM

Kellie Metcalf

Managing Partner, Energy Transition

CM

Connor Michelsen

Senior Associate

David B. Miller

Managing Partner and Founder

MM

Meg Murphy

VP

EP

Edward Parnell

VP

AP

Andrew Perry

Associate

GP

Gary Petersen

Managing Partner and Founder

MP

Martin Phillips

Managing Partner and Founder

GW

George W. Purgason

Director

TR

Tim Rebhorn

Managing Partner, Energy Transition

JS

Jerry Smith

MD

MS

M. Sean Smith

Partner

WS

Wynne Snoots

Partner

BS

Bryan Stahl

Director

DE

Douglas E. Swanson Jr.

Managing Partner

BT

Brad Thielemann

Partner

MW

Mark Welsh

MD

RZ

Robert Zorich

Managing Partner and Founder

39 past transactions

Silverado Oil & Gas

Private Equity Round in 2019
Silverado Oil & Gas specializes in the exploration and development of oil and gas properties in various onshore basins. Silverado delivers returns to investors through the acquisition and exploitation of large-scale, liquid-rich resource play developments.

PetroLegacy Energy

Venture Round in 2016
PetroLegacy Energy is an exploration and production company that acquires and develops oil and gas properties. PetroLegacy currently operates in the Midland Basin where it holds a substantial acreage position primarily in Martin County.

Silverback Exploration

Private Equity Round in 2013
Silverback Exploration is an oil & gas exploration and production company that seeks leasing and drilling opportunities in conventional and unconventional resources plays across the nation. Silverback has a high level of expertise in horizontal drilling, with an extensive understanding of operational efficiencies and the latest technologies. Silverback Exploration recently successfully developed and sold assets in Reeves County to Centennial Resource Development for four times return on its investment.

Black Swan Oil & Gas

Private Equity Round in 2017
Black Swan Oil & Gas focuses on the acquisition and development of horizontal resource plays. The company is a privately held, growth-oriented exploration & production company with an expanding operational footprint in the Permian Basin.

Verdun Oil Company LLC

Private Equity Round in 2015
Verdun Oil Company is an oil and gas company that focuses on acquiring and developing oil and gas assets in Texas's Gulf Coast Basin and its Eagle Ford and Austin Chalk formations. Verdun Oil Company brings together a group of motivated employees focused on identifying, acquiring, and optimizing the recovery of oil and gas reserves at an industry-best cost basis while maximizing the benefits to employees, landowners, and the communities where they operate.

Common Resources

Private Equity Round in 2012
Common Resources is an independent oil and gas exploration and production company. Common Resources focuses on creating value through the drillbit in multiple onshore U.S. basins.

Enduring Resources, LLC

Private Equity Round in 2017
Enduring Resources, LLC engages in the acquisition and exploitation of natural gas assets in domestic onshore basins. It has properties in the Uinta Basin and East Texas. Enduring Resources, LLC was formerly known as Enduring Resources GP, L.L.C. The company was founded in 2004 and is based in Denver, Colorado.

Forge Energy, LLC

Private Equity Round in 2018
Forge Energy is an independent exploration and production company that offers crude oil, natural and liquid gas, and other oil products. It focuses on value creation through acquisition and leasing, consolidation, and exploitation of mature oil and gas producing properties in the central United States.

Grenadier Energy Partners

Private Equity Round in 2021
Grenadier Energy Partners is production company in energy sector, develop oil and natural gas by applying cutting edge technology.

US Grid Company

Private Equity Round in 2019
US Grid Company is a company that owns and operates power plants critical to the reliability of power supply.USGRDCO acquires and manages natural gas power plants in major cities under a plan that is hyper-focused on reliability, resilience and massive reductions in carbon.

Raisa Energy

Private Equity Round in 2016
Raisa Energy is an exploration and production company that creates value by owning and leasing mineral and non-operated working interests in major oil and gas basins across North America. The company consistently aggregates high-return acreage and have the capacity to execute transactions from one acre in size and up. Raisa's current asset portfolio is focused on unconventional plays in Colorado, North Dakota, Oklahoma, and Texas. The company is continually evaluating acreage in additional areas.

Petrohawk Energy

Post in 2011
Petrohawk Energy is an energy company that is focused on the exploration, development, and production of crude oil and natural gas. It has properties in Texas, New Mexico, Oklahoma, Kansas, and Louisiana. Petrohawk Energy is focused on the development of shale plays, including the Haynesville Shale, the Lower Bossier Shale, and the Eagle Ford Shale.

Marquette Exploration

Venture Round in 2011
Marquette Exploration, LLC engages in the exploration, delineation, and exploitation of natural gas resource plays in the continental.

Sabalo Energy

Private Equity Round in 2021
Sabalo Energy is a privately held company that invests in the energy sector through exploration, development, and production. Sabalo is headquartered in Corpus Christi, Texas with a team of the best professionals in the business. ​ Sabalo takes great pride in its excellent reputation and continues to develop strong bonds with a core group of service companies, E&P companies, and financial partners.

Montage Resources

Venture Round in 2011
Montage Resources (formed through a combination of Eclipse Resources & Blue Ridge Mountain Resources) is a production company with approximately 218,000 net effective undeveloped acres currently focused on the Utica and Marcellus Shales of southeast Ohio, West Virginia and North Central Pennsylvania.

Oasis Petroleum Inc.

Venture Round in 2010
Oasis is the premier operator in the Williston Basin, possessing both coveted assets and creative people that drive the success of the Company. They are on the forefront of technology deployment, operational efficiencies, and infrastructure development. Their 507,000 net acres in the Williston Basin are highly concentrated and are prospective for the Bakken, Three Forks and other potential horizons. As they develop this acreage position that is in the heart of the play, they expect to increase long-term shareholder value while maintaining a conservative balance sheet. They have a long history of acquiring and exploiting oil and gas assets; which has been characterized by capital discipline coupled with differential views of the market. While they have a great track record of rapidly growing production and reserves, they do not subscribe to the idea of growth at any cost.

Advance Energy Partners

Private Equity Round in 2014
Advance Energy Partners, LLC engages in the development, exploration, and production of oil and gas. The company sources, evaluates, and acquires oil and gas assets. It also engages in reservoir development, oil field operations, asset management, and exploration activities. Its focus areas include the Permian Basin, Cretaceous Gulf Rim, and Powder River Basin. The company was incorporated in 2014 and is based in Houston, Texas.

Grayson Mill Energy

Private Equity Round in 2016
Grayson Mill Energy is an exploration and production company that acquires and manages oil and gas assets. Grayson Mill Energy generates value through disciplined acquisitions and the application of innovative exploration, drilling, and completion techniques. Grayson Mill Energy has a returns-focused strategy to acquire the best rock and drill industry-leading wells with high rates of return.

Laramie Energy II, LLC

Private Equity Round in 2007
Laramie Energy II, LLC engages in finding and developing natural gas reserves from unconventional gas reservoirs within the U.S. Rockies. It conducts an acquisition and development program within the Piceance Basin of Western Colorado. The company was formerly known as Laramie Energy, LLC and changed its name to Laramie Energy II, LLC in June 2007. Laramie Energy II, LLC was founded in 2004 and is based in Denver, Colorado.

Common Resources

Private Equity Round in 2010
Common Resources is an independent oil and gas exploration and production company. Common Resources focuses on creating value through the drillbit in multiple onshore U.S. basins.

Raisa Energy

Venture Round in 2019
Raisa Energy is an exploration and production company that creates value by owning and leasing mineral and non-operated working interests in major oil and gas basins across North America. The company consistently aggregates high-return acreage and have the capacity to execute transactions from one acre in size and up. Raisa's current asset portfolio is focused on unconventional plays in Colorado, North Dakota, Oklahoma, and Texas. The company is continually evaluating acreage in additional areas.

Novo Oil & Gas

Venture Round in 2016
Novo Oil & Gas, LLC engages in the exploration, drilling, and production of oil and gas in Oklahoma, West Texas, and Southeast New Mexico. Novo Oil & Gas, LLC was incorporated in 2016 and is based in Oklahoma City, Oklahoma.

PennEnergy Resources, LLC

Private Equity Round in 2011
PennEnergy Resources is an independent oil and gas company focused on the acquisition and development of unconventional shale resources.

Piedra Resources, LLC

Venture Round in 2018
Piedra Resources provider of oil and gas exploration and production services. Founded in 2004 by Energy Executives Robert Beecherl and Chip Smith in partnership with EnCap Investments L.P. With a focus on the Permian Basin, Piedra strives to create value through exploration, development and acquisition of natural gas and oil reserves. With the expertise and experience that Piedra was built upon, they pursue the exploration and development of lower-risk resource plays with scalability and upside. Their team has a proven track record of drilling and operational excellence.

Plantation Petroleum Company

Private Equity Round in 2002
Plantation Petroleum Company is an upstream oil and gas company that distributes petroleum and gas products to residential, commercial, industrial, and agricultural industries. The Plantation Petroleum Company includes the global processes of exploration, extraction, refining, transporting, and marketing of petroleum products.

Silverback Exploration

Private Equity Round in 2017
Silverback Exploration is an oil & gas exploration and production company that seeks leasing and drilling opportunities in conventional and unconventional resources plays across the nation. Silverback has a high level of expertise in horizontal drilling, with an extensive understanding of operational efficiencies and the latest technologies. Silverback Exploration recently successfully developed and sold assets in Reeves County to Centennial Resource Development for four times return on its investment.

Modern Resources

Venture Round in 2020
Modern Resources Inc. operates as an oil and gas exploration and production company. The company was founded in 2012 and is based in Calgary, Canada. As of November 2, 2020, Modern Resources Inc. operates as a subsidiary of Tourmaline Oil Corp.

Pegasus Resources

Private Equity Round in 2017
Based in Fort Worth, Texas, Pegasus Resources is a well-funded private company focused on acquiring mineral and royalty interests in proven oil and gas resource plays, specifically the Permian Basin. The company is backed by a $300 million commitment from EnCap Investments, one of the nation’s premier energy investment firms. Led by a team of established leaders in the business, Pegasus has the experience and expertise to source, evaluate, negotiate, and close acquisitions providing value to mineral owners, investors, partners, and stakeholders. They understand that relationships are the core of our business. No matter how big or small the acquisition, we pride ourselves in always acting with integrity, honesty, and transparency. That is the Pegasus way.

Earthstone Energy

Private Equity Round in 2012
Earthstone Energy, an oil and natural gas development and production company operates in the up-stream segment of the oil and natural gas industry in the United States. Its asset portfolio includes the Midland Basin of west Texas and the Eagle Ford trend of south Texas.

PayRock Energy

Venture Round in 2016
PayRock Energy, LLC is an Oklahoma City-based company funded by EnCap Investments, L.P. focused on the acquisition and development of resources in the STACK play of Oklahoma. Payrock Energy's Management Team has an extensive track record of value creation together with experiences from Oklahoma City’s most prominent large independent operators.

Piedra Resources, LLC

Venture Round in 2014
Piedra Resources provider of oil and gas exploration and production services. Founded in 2004 by Energy Executives Robert Beecherl and Chip Smith in partnership with EnCap Investments L.P. With a focus on the Permian Basin, Piedra strives to create value through exploration, development and acquisition of natural gas and oil reserves. With the expertise and experience that Piedra was built upon, they pursue the exploration and development of lower-risk resource plays with scalability and upside. Their team has a proven track record of drilling and operational excellence.

Felix Energy, LLC

Venture Round in 2016
FELIX ENERGY, LLC operates as an oil and gas exploration and production company in the United States. FELIX ENERGY, LLC was incorporated in 2013 and is based in Denver, Colorado. As of March 6, 2020, Felix Energy, LLC operates as a subsidiary of WPX Energy, Inc.

Eagle Oil & Gas Co.

Venture Round in 2012
Eagle Oil & Gas Co. engages in the acquisition, development, and exploration of oil and gas reserves. It has exploration projects in various states, including Montana, Wyoming, New Mexico, Texas, Oklahoma, Louisiana, Arkansas, Mississippi, Ohio, Michigan, and Colorado. Eagle Oil & Gas Co. was founded in 1976 and is based in Dallas, Texas with an additional office in Wichita Falls, Texas.

Pegasus Resources

Private Equity Round in 2019
Based in Fort Worth, Texas, Pegasus Resources is a well-funded private company focused on acquiring mineral and royalty interests in proven oil and gas resource plays, specifically the Permian Basin. The company is backed by a $300 million commitment from EnCap Investments, one of the nation’s premier energy investment firms. Led by a team of established leaders in the business, Pegasus has the experience and expertise to source, evaluate, negotiate, and close acquisitions providing value to mineral owners, investors, partners, and stakeholders. They understand that relationships are the core of our business. No matter how big or small the acquisition, we pride ourselves in always acting with integrity, honesty, and transparency. That is the Pegasus way.

Nuevo Midstream

Private Equity Round in 2011
Nuevo Midstream, LLC is a start-up midstream company headquartered in Houston. The company was formed with a $65 million commitment from the EnCap Energy Infrastructure Fund, Torch Energy Advisors Incorporated and Petroleum Fuels Company, Inc., including contributions of assets and management services from Torch Energy and Petroleum Fuels. Nuevo Midstream will focus its operations in the Permian Basin with emphasis on the Bone Springs and Wolfcamp formations and the Avalon Shale trend in southeast New Mexico and west Texas. Led by Jay Lendrum, Torch Energy's current president and COO, the senior leadership group at Nuevo Midstream has more than 120 years of energy industry experience and also includes Randy Ziebarth, vice president of operations; Chris Work, vice president and chief financial officer; and Dwight Serrett, vice president of engineering and construction.

Ameredev

Private Equity Round in 2017
Ameredev is an Austin-based exploration and production company focused on the acquisition and development of oil and gas properties in the Permian Basin.
Plains All American Pipeline is engaged in the transportation, storage, terminalling and marketing of crude oil, as well as in the processing, transportation, fractionation, storage and marketing of natural gas liquids ("NGL"). We own and operate a diversified portfolio of strategically located assets that play a vital role in the movement of U.S. and Canadian energy supplies. On average we handle over 3.5 million barrels per day of crude oil and NGL through our extensive network of assets located in key North American producing basins, major market hubs and transportation gateways. The company is headquartered in Houston.