EnCap Investments

Grenadier Energy Partners III is a private exploration and production company headquartered in The Woodlands, Texas. Specializing in the extraction of crude petroleum and natural gas, the company employs advanced technology throughout the drilling, completion, and production phases of its wells. Grenadier Energy focuses on a balanced strategy that includes leasing and drilling opportunities with substantial resource potential, as well as targeted acquisitions that offer clear prospects for exploitation and development. By leveraging innovative techniques, Grenadier Energy aims to profitably develop long-lived oil and natural gas assets in the energy sector.

Modern Resources Inc. is an oil and gas exploration and production company based in Calgary, Canada, founded in 2012. The company specializes in acquiring, producing, developing, and exploiting unconventional oil and gas assets, with a focus on proved reserve acquisitions that offer resource upside in the Western Canadian Sedimentary Basin. As of November 2020, Modern Resources operates as a subsidiary of Tourmaline Oil Corp.

US Grid Company owns and operates natural gas power plants critical to the reliability of power supply. It acquires and manages these plants with a focus on enhancing reliability, resilience, and significantly reducing carbon emissions.

Forge Energy II, LLC is an independent exploration and production company based in San Antonio, Texas, founded in 2018. The company specializes in the production and exploration of oil and gas, offering crude oil, natural gas, and other related products. Forge Energy II focuses on creating value through the acquisition and leasing of mature oil and gas properties, as well as their consolidation and exploitation, primarily in the central United States.

Enduring Resources, LLC is an independent oil and gas company based in Centennial, Colorado, specializing in the acquisition and exploitation of long-lived natural gas assets within domestic onshore basins. Founded in 2004, the company has established a significant presence in key areas, including the Uinta Basin and East Texas. Enduring Resources is focused on developing its reserve bases, which include a multi-year drilling inventory, to enhance its production capabilities and contribute to the domestic energy sector.

Founded in 1998, Plains All American Pipeline operates as a midstream energy company based in Houston, Texas. It engages in the transportation, storage, terminalling, and marketing of crude oil and natural gas liquids (NGL) across strategic locations in North America.

PayRock Energy, LLC is an Oklahoma City-based company engaged in the exploration and production of oil and natural gas. It specializes in the acquisition and development of resources in the STACK play of Oklahoma and the Mississippian play in Oklahoma and Kansas. The management team at PayRock Energy possesses a strong track record of value creation, drawing from extensive experience with some of Oklahoma City’s leading independent operators.

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.

Nuevo Midstream, LLC is a Houston-based midstream company that specializes in providing essential infrastructure and services for natural gas producers. With a focus on operations in the Permian Basin, particularly in the Bone Springs and Wolfcamp formations, as well as the Avalon Shale trend in southeast New Mexico and west Texas, the company aims to facilitate the efficient gathering, compression, treating, processing, and transportation of natural gas, natural gas liquids, crude oil, and condensate. Nuevo Midstream's leadership team, comprised of seasoned industry professionals, brings over 120 years of combined experience in the energy sector, ensuring the delivery of comprehensive midstream services to producers and marketers. The company is backed by significant financial commitments from notable energy investment firms, which supports its strategic initiatives and operational capabilities.

Montage Resources Corporation was an oil and natural gas exploration and production company based in Irving, Texas. Founded in 2011, it primarily focused on the Utica and Marcellus Shales across southeast Ohio, West Virginia, and North Central Pennsylvania. At its peak, Montage held approximately 233,800 net acres and estimated proved reserves amounting to 2,729.8 billion cubic feet of natural gas equivalent. The company was formed through the combination of Eclipse Resources and Blue Ridge Mountain Resources and was known as Eclipse Resources until it rebranded in February 2019. Montage Resources was acquired by Southwestern Energy in November 2020.

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

Petrohawk Energy is an energy company dedicated to the exploration, development, and production of crude oil and natural gas across various regions in the United States, including Texas, New Mexico, Oklahoma, Kansas, and Louisiana. The company specializes in the development of shale plays, particularly in the Haynesville Shale, Lower Bossier Shale, and Eagle Ford Shale. Its operations encompass the acquisition and development of oil and gas shale assets, focusing on maximizing resource extraction and efficiency in these significant shale regions.

Founded in 2004, Laramie Energy specializes in exploring and developing natural gas reserves from unconventional sources within the U.S. Rockies, with a primary focus on the Piceance Basin of Western Colorado.

Plantation Petroleum Company is an upstream oil and gas company engaged in the exploration, extraction, refining, transportation, and marketing of petroleum products. It serves a diverse clientele, including residential, commercial, industrial, and agricultural sectors. The company is particularly focused on acquiring and developing assets in the Permian Basin region of Texas and New Mexico, aiming to create value through strategic investments and operational efficiencies.