Home Private Company Profiles
AFGlobal Corporation is a technology and manufacturing specialist working to enhance their clients' success around the world. They provide technology, services and fully integrated manufacturing capabilities to clients around the world. AFGlobal provides products and services to the oil and gas, general industrial, aerospace and power generation industries, offering a broad range of both highly-engineered and general forged products, as well as complementary aftermarket services. Headquartered in Houston, Texas, they provide products and services through more than 20 facilities worldwide for manufacturing, engineering and technology needs. AFGlobal’s private equity sponsors are First Reserveand The Carlyle Group.
Ameredev is an Austin-based, Permian-focused exploration and production company focused on the acquisition and development of oil and gas properties in the United States. The company is headquartered in Dallas, TX.
Ameredev II is backed by a $400 million private equity commitment from EnCap Investments L.P. and members of Ameredev Management.
Atlas Sand is strategically located within, and will be the leading high quality sand provider to, one of the most dominant oil producing regions in the world: the Midland and Delaware Basins of West Texas. Atlas Sand was founded by Bud Brigham of Brigham Exploration and Brigham Resources.
Brigham Minerals is a privately-owned mineral acquisition company focused on acquiring oil and gas mineral rights in unconventional, shale plays throughout the United States – including the Delaware and Midland Basins in Texas, the SCOOP and STACK plays in Oklahoma, the DJ Basin in Colorado and Wyoming, as well as the Bakken and Three Forks plays in North Dakota.
Brigham Minerals was formed in 2012 by Bud Brigham, former Chief Executive Officer and Chairman of both Brigham Exploration Company and Brigham Resources. Brigham Minerals is focused on purchasing mineral interests directly from private landowners.
Caerus Oil & Gas
Caerus Oil & Gas engages in investment in oil and gas assets, focused in the Piceance basin on Colorado’s Western Slope. It engages in the acquisition, development, and production of conventional natural gas and liquids. The company was founded by David H. Keyte and Matthew A. Wurtzbacher in 2009 and is headquartered in Denver, CO. Caerus Oil & Gas is backed by Oaktree Capital Management, Anschutz Investment Company, and Old Ironsides Energy.
Canbriam Energy Inc. is a private exploration company focused on finding and developing over-pressured, liquids rich natural gas resources in the Western Canadian Sedimentary Basin. Canbriam’s executive team, with experience in unconventional resource play development, initiated a regional subsurface study in early 2008 across the Montney formation in Northeast British Columbia. This approach resulted in an early focus on the Altares region of the BC Montney. Canbriam Energy’s private equity sponsors include Warburg Pincus, ARC Financial, Ontario Teachers’ Pension Plan, BlackRock and State Street (formerly GE Capital).
Caprock Midstream LLC (“Caprock Midstream”) launched on January 1, 2015. Backed by Energy Spectrum Partners VII, LP, Caprock carries over $225 million in equity commitments. Caprock is actively pursuing both buy and build strategies with project sizes ranging between $20 million and $400 million, targeting crude oil, NGL, natural gas & water midstream infrastructure.
Casillas Petroleum Corp., “CPC”, is a closely held privately owned company with an enthusiastic devoted team of dedicated professionals. They are committed to the further development of domestic oil and gas reserves through exploration and development of drilling projects as well as acquisitions of existing producing assets within the Mid-Continent region of the United States.
CPC has been engaged in the oil and gas industry since 1986 with its corporate headquarters in Tulsa, Oklahoma, and field offices located in Nash, Oklahoma, Lindsay, Oklahoma and Satanta, Kansas. Current assets exceed 1000 producing wells within 5 states in the Mid-Continent Region.
Crestone Peak Resources
Crestone Peak Resources is a Denver-based oil and gas operator focused on the Wattenberg Field within the Denver-Julesburg Basin (DJ Basin). They are the fifth-largest producer in the DJ Basin with 51,000 net acres well-positioned to deliver a sustained, positive return. Crestone targets the Niobrara and Codell formations and has drilled more than 2,000 wells, along with an undrilled inventory of close to 1,000 wells. During the first half of 2015, these assets produced an average of 52 million cubic feet per day of natural gas and 14,800 barrels per day of crude oil and natural gas liquids.
Crestone was formed in July 2016 with the completed purchase of Encana’s DJ Basin assets by the Canadian Pension Plan Investment Board (CPPIB) and The Broe Group.
Fortis Minerals is a private mineral acquisition company backed by EnCap Investments, which is focused on purchasing mineral interests and overriding royalties in the premier oil and gas plays of the United States. The management team at Fortis Minerals consists of proven leaders in the energy business with operating company backgrounds.
The core of Fortis’ business model is its technical expertise and operating company backgrounds. Thorough engineering analyses, combined with significant market research, allow Fortis to consistently offer value to mineral landowners.
Great Western Oil & Gas Co.
Great Western engages in exploration and production of oil and natural gas. Its operation is located in Denver Julesburg Basin, Colorado. The company was founded in 2005 and is headquartered in Denver, CO. GWOG has 460 drilled and operating wells along with a development inventory of over 1,000 horizontal locations. GWOG’s current production is approximately 14,000 barrels of oil equivalent per day. Great Western is focused on low-to-medium risk development and exploitation opportunities in oil/liquids weighted, established hydrocarbon provinces.
Great Western’s core area of operations is in one of the most prolific and active areas of the continental United States; the Denver Julesburg (DJ) Basin, Colorado. Great Western is backed by The Broe Group, a leading private energy investor.
Hawkwood Energy is a Denver-based independent exploration and production company focused on acquiring and economically developing oil and natural gas resources in East Texas. Hawkwood was founded in 2012 with a line-of-equity commitment from lead investors Warburg Pincus and Ontario Teachers' Pension Plan. Hawkwood entered East Texas in 2014, and has completed 20+ transactions accumulating 180,000 net acres of high quality, contiguous Eagle Ford acreage. Today Hawkwood operates over 260 wells and in excess of 10,000 net barrels of oil per day.
Laredo Energy has amassed over 80,000 acres in Webb County, Texas, overlaying an area known as the dry gas window of the Eagle Ford Shale. The company produces over 90 million cubic feet of natural gas per day, selling into the South Texas market with access to Mexican export channels, to LNG terminals for global sales, and into pipelines directly servicing Gulf Coast petrochemical facilities.
Laredo began as a conventional producer of natural gas in the shallow horizons of South Texas. In 2017, management embarked on a path to develop deeper zones which have proven to be prolific by nearby operators in the Eagle Ford Shale. In addition to 3D seismic data, which Laredo owns over its entire acreage position, extensive petrophysical and core analysis identified Laredo’s acreage to be highly prospective for Eagle Ford Shale, with the Lower and Upper Eagle Ford as primary and secondary targets, respectively. Laredo is backed by Avista Capital, with additional investments by Chambers Energy and Liberty Mutual.
Navitas Midstream Partners
Navitas provides a full slate of midstream oil and gas services including gathering, treating (dehydration, carbon dioxide and nitrogen), gas processing, fractionation and pipeline transportation of natural gas, natural gas liquids, condensate and crude oil. Their founding partners have executed more than $10 billion in capital projects and over $2 billion in acquisitions. Navitas’ team’s experience, track record and relationships enable them to deliver an enduring, durable business strategy. Backed by the financial scale and scope of Warburg Pincus, a global private equity firm, they are able to execute on small and large midstream projects.
Their existing assets are located in west Texas in the core of the Midland Basin, one of the world’s most productive and economic unconventional hydrocarbon resource plays. The company’s operations consist of their Crane System serving producers in Upton and Midland Counties and their Spraberry System serving producers in Glasscock, Howard, Martin and Midland counties. Their Crane and Spraberry systems are connected by their new, 20-inch high-pressure Midland Crossover pipeline that was placed in service in February 2017.
NextDecade Corporation is a liquefied natural gas (LNG) development company focused on LNG export projects and associated pipelines in the State of Texas. NextDecade’s proposed LNG export facility, the Rio Grande LNG (RGLNG) project in Brownsville, Texas, along with the associated Rio Bravo Pipeline (RBPL) originating in the Agua Dulce market area, are optimally located close to the Permian Basin and Eagle Ford Shale. The projects will facilitate monetization of vast associated gas resources for U.S. hydrocarbon producers to access key global markets through stable, long-term contracts with customers around the world.
Perpetual was formed in 2017 as a multi-strategy land-focused oil and gas company with an emphasis on the acquisition of minerals, royalties, non-operated working interests and leasehold in targeted basins across the United States. Since the beginning of 2014, the Perpetual management team has closed on over 1,000 mineral and leasehold transactions, acquiring almost 90,000 net mineral acres and approximately 600,000 net acres of leasehold. Perpetual’s management team has extensive in-basin experience and has vast technical capabilities and a proprietary network across Appalachia, West Texas and the Mid-Continent. Perpetual is backed by Castlelake LP.
Headquartered in Oklahoma City, Roan Resources LLC is a private pure play company focused on the accelerated horizontal development of the prolific Merge/SCOOP/STACK play in Oklahoma. Formed in August 2017 by LINN Energy, Inc. (OTCQB: LNGG) and Citizen Energy II, LLC, Roan has the significant size, scale and financial strength to grow production, reserves and value from a vast resource potential of more than two billion BOE.
Santa Elena Minerals
Santa Elena Minerals, LP is one of the largest mineral acquisition companies in the nation. They focus on acquiring minerals and royalties throughout the Permian Basin. Their staff includes a collaboration of landmen, engineers, geologists, and financial analysts. Santa Elena Minerals, LP is backed by private equity commitments from EnCap Investments, L.P.
Solaris Midstream is an independent, growth-oriented midstream company headquartered in Houston, Texas, that owns, operates and designs crucial midstream assets across key unconventional U.S. basins. Solaris is initially focused on developing cost-effective, efficient and reliable water-specific midstream solutions. The company’s goal is to lower water service costs by providing customer-centric midstream solutions that enable producers to focus upstream on what they do best — exploration and production. They own and operate existing midstream assets to serve producers and are focused on constructing new, economical infrastructure to deliver long-term solutions to their customers. Current midstream capabilities include water supply and delivery; produced and flowback water gathering and transportation; wastewater disposal; and pipeline design and operation. Their assets are designed to reduce operating costs for producers and improve health, safety and environmental conditions in communities surrounding oil and gas development.
Solaris Midstream’s executive management team has founded and led several oil and gas midstream, oilfield services and water management companies, including NGL Energy Partners LP, Dynegy, Nuevo Midstream, Torch Energy Advisors and Solaris Oilfield Infrastructure.
Ursa is an exploration and production company backed by a private equity commitment from Denham Capital with its focus being in the Piceance, Eagle Ford / Cretaceous, Austin Chalk, Pennsylvanian and Ordovician basins. Ursa is focused on developing oil rich unconventional plays as well as the acquisition of conventional oil and gas producing properties. Ursa is actively leasing in several prospective hydrocarbon provinces.
Designing, building and operating midstream infrastructure is what Vaquero does; their founding leadership team has entered into emerging basins and implemented a midstream solution to provide producers with capacity takeaway options that are in place and ready to use when their production needs a prime market outlet. The current team has built and operated fully integrated midstream natural gas and crude oil systems across a wide range of domestic shale basins including the Barnett, Eagle Ford, Haynesville and the Permian.
Velvet Energy Ltd. is a privately-held, full-cycle exploration and production company. Focused in the liquids-rich gas and light oil window of the Deep Basin of Alberta, the Company executes an organic growth business plan, including early land capture, technical evaluation, exploration and development of internally generated prospects. Headquartered in Calgary, Velvet has current production of approximately 21,000 boe per day and a focused land position consisting of 775,000 net acres spanning from its core liquids-rich Ellerslie development in the greater Edson area to early phase Montney light oil exploration at Gold Creek. From start-up in 2011, Velvet has realized a 5-year compound growth rate in production of 25%, with over 90% added via the drill bit.
Since inception, Velvet has raised $447 million of equity through its three private equity sponsors and management and directors. The company’s private equity sponsors include Warburg Pincus, Trilantic Capital Partners, 1901 Partners Management.
Vesta is a privately owned oil and gas company focused on the light oil window of the shallow Joffre Duvernay shale oil play. As the first entrant in to the play, the company has established a basin leading land position with over 260,000 contiguous acres. With a large position in the core of the play, combined with an industry leading cost structure, the company has opened up one of the most competitive resource plays in North America.
The company has 40 wells on stream, with current production of approximately 6000 boe/day. The Company expects to profitably grow production in 2018, bringing on approximately 50 additional wells.
The company’s anchor investors are Riverstone LLC and JOG capital.
Zenith strives to be a world-class midstream asset operator by buying and building terminals in the Atlantic Basin, primarily Europe, Africa and Latin America which include the storage and logistics for crude oil, refined products, petrochemicals and all types of dry-bulk commodities. The company’s strategy is to pursue opportunities with strategic importance to their customers and the marketplace without taking any direct commodity exposure. Zenith Energy is backed by Warburg Pincus.