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.

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.

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 various onshore basins in the United States. The company is dedicated to acquiring and exploiting large-scale, liquid-rich resource play developments, aiming to deliver returns to its investors through its strategic operations in the energy sector.

Raisa Energy LLC is an independent exploration and production company based in Denver, Colorado, specializing in the acquisition of non-operated working interests, oil and gas leasing, and the purchase of mineral and royalty rights. Founded in 2014, the company focuses on high-return acreage in major oil and gas basins across North America, particularly in unconventional plays located in Colorado, North Dakota, Oklahoma, and Texas. Raisa Energy employs advanced technology and data analytics to conduct thorough due diligence, allowing for strategic acquisitions that enhance investment opportunities. The company is adept at executing transactions of varying sizes, making it a flexible player in the energy sector while continuously evaluating new acreage for potential expansion.

XCL Resources is an energy company based in Houston, Texas, specializing in oil and gas exploration. The company focuses on the identification, acquisition, and development of horizontal resource plays and oil wells. By employing advanced methodologies such as full cube and dual cube development, XCL Resources aims to optimize production and maximize returns for its stakeholders. The company emphasizes a culture of humility, data-driven operational execution, transparency, purposeful innovation, and motivation, striving to create a balanced work environment while delivering effective results.

Black Swan Oil & Gas, LLC is an independent oil and gas exploration and production company based in Edmond, Oklahoma. It operates across 48 states, focusing on the acquisition and development of horizontal resource plays, particularly in the Permian Basin. The company is dedicated to pursuing upstream opportunities by identifying and acquiring leasehold, minerals, and other oilfield investment prospects. Through its strategic approach, Black Swan aims to enhance its operational footprint and deliver sustainable performance for its stakeholders over the long term.

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.

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.

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.

Raisa Energy LLC is an independent exploration and production company based in Denver, Colorado, specializing in the acquisition of non-operated working interests, oil and gas leasing, and the purchase of mineral and royalty rights. Founded in 2014, the company focuses on high-return acreage in major oil and gas basins across North America, particularly in unconventional plays located in Colorado, North Dakota, Oklahoma, and Texas. Raisa Energy employs advanced technology and data analytics to conduct thorough due diligence, allowing for strategic acquisitions that enhance investment opportunities. The company is adept at executing transactions of varying sizes, making it a flexible player in the energy sector while continuously evaluating new acreage for potential expansion.

Grayson Mill Energy, LLC is an exploration and production company based in Houston, Texas, established in 2016. The company specializes in the acquisition and development of oil and gas properties, primarily in the Rocky Mountains. Grayson Mill Energy employs innovative exploration, drilling, and completion techniques to enhance the value of its assets. With a focus on disciplined acquisitions, the company aims to secure high-quality drilling locations that yield strong returns. Through its strategic approach to managing oil and gas assets, Grayson Mill Energy is committed to maximizing operational efficiency and profitability.

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.

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.