EnCap Investments

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.

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.

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.

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.

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 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.

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.

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.

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

Rock River Minerals is a privately-held mineral and royalty interests acquisition company With decades of industry experience with mineral and royalty acquisitions and divestments, Rock River is committed to helping discerning mineral and royalty owners navigate their divestiture options. As the end buyer of mineral rights and royalties, Rock River eliminates the need for third-party brokers during negotiation and provides maximized value and direct, personalized service for owners. Through expertise and education, they seek to provide a best-in-class experience for their clients and their advisors as they advance toward their financial goals.

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.

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.

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, 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 is an independent oil and gas company focused on the acquisition and development of unconventional shale resources.

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.

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 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.

Broad Reach Power LLC produces and provides energy transformation. The company provides energy globally by applying energy storage technology and power market analytics to improve the operational and financial performance of traditional and renewable utility-scale power generation facilities. The company’s facilities provide flexibility, reliability, and environmental benefits while generating revenues from both risk-management contracts and spot-market opportunities. Broad Reach Power LLC was founded in 2019 and is based in Carrollton, Texas.

Raisa III Holdings, LLC is based in the United States.

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.

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.

Silverado Oil & Gas LLC offers oil and gas exploration services. The company was incorporated in 2019 and is based in The Woodlands, Texas.

Ameredev is an Austin-based exploration and production company focused on the acquisition and development of oil and gas properties in the Permian Basin.

Headquartered in Houston and established in late 2018, Clear Creek is an independent energy company focused on the development of midstream infrastructure for oil and gas producers working in shale plays across North America. Clear Creek is pursuing organic, greenfield projects and select acquisition opportunities. Clear Creek offers custom midstream solutions including crude oil gathering, storage and transportation. Clear Creek’s three founders have more than 50 years of combined experience in the energy industry and have generated in excess of $4 billion in transactions across the midstream sector. Clear Creek is backed by an initial $300 million commitment from EnCap Flatrock Midstream.

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.

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.

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 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.

Operator of an oil and gas company based in Houston, Texas. The company is focused on the identification, acquisition and development of horizontal resource plays with an objective to maximize returns for all stakeholders.

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 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 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.

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

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.

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.

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.

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 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.

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, 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, 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.

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.

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.

Flat Creek Resources, LLC operates in the real estate industry. The company was founded in 2017 and is headquartered in Saint Simons Island, Georgia.

Council Oak Resources, LLC/ Staghorn Petroleum II LLC represents the combined operations of Council Oak Resources, LLC and Staghorn Petroleum II LLC in their sale to EnCap Energy Capital Fund X, L.P. and EnCap Investments L.P. Council Oak Resources, LLC/ Staghorn Petroleum II LLC was acquired by EnCap Energy Capital Fund X, L.P. and EnCap Investments L.P. Council Oak Resources, LLC and Staghorn Petroleum II LLC are based in the United States.

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.

US Grid Company LLC offers electricity distribution services. The company was incorporated in 2015 and is based in New York, New York.