EnCap Investments

Novo Oil & Gas, LLC is an energy exploration and production company founded in 2016 and headquartered in Oklahoma City, Oklahoma. The company focuses on the exploration, drilling, and production of oil and gas in regions such as Oklahoma, West Texas, and Southeast New Mexico. Novo is dedicated to developing various onshore basins across the United States and employs innovative drilling and completion techniques to enhance value. The company's efforts are concentrated on proven, liquids-rich unconventional assets, contributing to the sustainable development of the country's energy infrastructure.

Silverado Oil & Gas is an oil and gas company based in The Woodlands, Texas, that specializes in the exploration and development of oil and gas properties across several onshore basins in the United States. The company's primary focus is on the acquisition and exploitation of large-scale, liquid-rich resource plays, aiming to deliver returns to its investors through effective resource development.

Piedra Resources is an oil and gas exploration and production company founded in 2004 by Robert Beecherl and Chip Smith in collaboration with EnCap Investments L.P. The company is primarily focused on the Permian Basin, where it engages in the exploration, development, and acquisition of natural gas and oil reserves. Piedra Resources aims to create value through lower-risk resource plays that offer scalability and potential for growth. Drawing on the expertise and experience of its team, the company has established a reputation for drilling and operational excellence in the energy sector, facilitating effective energy distribution in Texas.

Silverback Exploration is an oil and gas exploration and production company focused on leasing and drilling opportunities in both conventional and unconventional resource plays throughout the United States. The company has developed a strong expertise in horizontal drilling and employs advanced technologies to enhance operational efficiency. Silverback Exploration aims to pursue organic development projects alongside strategic acquisitions, catering to the needs of both private and publicly traded companies. Recently, the company demonstrated its capability by successfully developing and selling assets in Reeves County, achieving a significant return on its investment.

Novo Oil & Gas, LLC is an energy exploration and production company founded in 2016 and headquartered in Oklahoma City, Oklahoma. The company focuses on the exploration, drilling, and production of oil and gas in regions such as Oklahoma, West Texas, and Southeast New Mexico. Novo is dedicated to developing various onshore basins across the United States and employs innovative drilling and completion techniques to enhance value. The company's efforts are concentrated on proven, liquids-rich unconventional assets, contributing to the sustainable development of the country's energy infrastructure.

Plains All American Pipeline, L.P. is a prominent player in the energy sector, specializing in the transportation, storage, and marketing of crude oil and natural gas liquids (NGL) across the United States and Canada. Founded in 1998 and headquartered in Houston, Texas, the company operates through three main segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment manages an expansive network of approximately 18,535 miles of active pipelines and gathering systems, enhancing its capacity to transport crude oil and NGL via diverse methods, including pipelines and barges. The Facilities segment focuses on storage and terminalling services, boasting significant storage capacities for crude oil, NGL, and natural gas, alongside various processing facilities. Lastly, the Supply and Logistics segment is involved in purchasing and marketing crude oil and NGL, managing inventories, and utilizing a fleet of trucks, trailers, and railcars for transportation. Plains All American Pipeline handles over 3.5 million barrels of crude oil and NGL daily, emphasizing its critical role in the energy supply chain, particularly in North America's major production areas.

PayRock Energy, LLC, based in Oklahoma City, is a company specializing in the acquisition and development of oil and natural gas resources. It focuses primarily on the STACK play in Oklahoma, as well as the Mississippian play in both Oklahoma and Kansas. Funded by EnCap Investments, L.P., PayRock Energy is led by a management team with a strong record of value creation and extensive experience in the oil and gas industry, particularly with major independent operators in the region. The company's operations encompass both exploration and production activities within its targeted resource areas.

Advance Energy Partners, LLC is an oil and gas exploration and production company based in Houston, Texas. Incorporated in 2014, the firm focuses on the development, exploration, and production of oil and gas assets, with particular emphasis on low-risk leasing and drilling opportunities. The company specializes in reservoir development, oil field operations, and asset management, and it actively engages in the evaluation and acquisition of oil and gas properties. Key operational areas include the Permian Basin, Cretaceous Gulf Rim, and Powder River Basin. Advance Energy Partners is staffed by a team of experienced managers with extensive knowledge of the global oil and gas industry, enabling the firm to effectively convert planned unit developments into current production and expand its footprint in the sector.

Paloma Resources is an oil and gas firm that provides oil and gas reserve exploration, exploitation, acquisition, and production. The company offers services related to oil and gas exploration, acquisition, and development of petroleum acreage.

Piedra Resources is an oil and gas exploration and production company founded in 2004 by Robert Beecherl and Chip Smith in collaboration with EnCap Investments L.P. The company is primarily focused on the Permian Basin, where it engages in the exploration, development, and acquisition of natural gas and oil reserves. Piedra Resources aims to create value through lower-risk resource plays that offer scalability and potential for growth. Drawing on the expertise and experience of its team, the company has established a reputation for drilling and operational excellence in the energy sector, facilitating effective energy distribution in Texas.

Silverback Exploration is an oil and gas exploration and production company focused on leasing and drilling opportunities in both conventional and unconventional resource plays throughout the United States. The company has developed a strong expertise in horizontal drilling and employs advanced technologies to enhance operational efficiency. Silverback Exploration aims to pursue organic development projects alongside strategic acquisitions, catering to the needs of both private and publicly traded companies. Recently, the company demonstrated its capability by successfully developing and selling assets in Reeves County, achieving a significant return on its investment.

Nuevo Midstream, LLC is a start-up midstream company based in Houston, focusing on providing midstream infrastructure services primarily to natural gas producers 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, which was established with a significant financial commitment from the EnCap Energy Infrastructure Fund and other partners, offers a range of services that include natural gas gathering, compression, treating, processing, transportation, fractionation, and storage of natural gas liquids (NGLs). The leadership team, which boasts over 120 years of combined experience in the energy sector, is headed by Jay Lendrum, along with key executives such as Randy Ziebarth, Chris Work, and Dwight Serrett.

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.

Laramie Energy II, LLC is a natural gas producer based in Denver, Colorado, specializing in the exploration and development of unconventional gas reserves in the U.S. Rockies, particularly within the Piceance Basin of Western Colorado. Founded in 2004, the company focuses on acquiring and developing oil and gas resources from tight sands, coal seams, and shales. Laramie Energy II engages in a comprehensive program to identify and cultivate these resources, positioning itself as a key player in the natural gas sector.