EnCap Investments

Grenadier Energy Partners is a private exploration and production company based in The Woodlands, Texas. The company specializes in the extraction of crude petroleum and natural gas, utilizing advanced technology throughout the drilling, completion, and production phases of its wells. Grenadier Energy Partners employs a balanced strategy that encompasses both leasing and drilling opportunities with substantial resource potential, as well as targeted acquisitions that offer clear prospects for exploitation and development. This approach enables the company to profitably develop long-lived oil and natural gas assets while maximizing operational efficiency.

Modern Resources Inc. is an oil and gas exploration and production company based in Calgary, Canada. Established in 2012, the company specializes in the acquisition, development, and production of unconventional oil and gas assets, particularly within the Western Canadian Sedimentary Basin. Modern Resources focuses on acquiring proved reserves while also pursuing opportunities for resource upside. As of November 2020, it operates as a subsidiary of Tourmaline Oil Corp.

US Grid Company is dedicated to owning and operating natural gas power plants that play a vital role in ensuring a reliable power supply. The company focuses on acquiring and managing facilities in major cities, particularly in the Northeast and Midwest regions of the United States. With an emphasis on enhancing reliability and resilience, US Grid Company collaborates with local utilities and governments to improve energy stability. Additionally, the company aims to reduce carbon emissions by incorporating storage solutions and renewable energy capabilities into its operations, thereby contributing to the decarbonization of the energy grid.

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 in domestic onshore basins. Founded in 2004, the company has established a significant presence in regions such as the Uinta Basin and East Texas. Enduring Resources is focused on developing reserve bases and maintains a multi-year drilling inventory to optimize the extraction of oil and natural gas resources.

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.

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.

Earthstone Energy is an independent oil and natural gas development and production company focused on the acquisition, development, exploration, and production of onshore crude oil and natural gas reserves in the United States. The company primarily operates in the upstream segment of the oil and natural gas industry, with a significant asset portfolio that includes key areas in the Midland Basin of West Texas and the Eagle Ford trend of South Texas. In addition to its core operations, Earthstone Energy is engaged in corporate mergers and the acquisition of oil and natural gas properties, enhancing its reserve portfolio and operational capacity.

Petrohawk Energy is an energy company engaged in the exploration, development, and production of crude oil and natural gas across several states in the United States, including Texas, New Mexico, Oklahoma, Kansas, and Louisiana. The company specializes in the acquisition and development of shale assets, particularly in key regions such as the Haynesville Shale, the Lower Bossier Shale, the Eagle Ford Shale, and various shale formations within the Permian Basin. Through its focused operations, Petrohawk Energy aims to maximize the potential of these rich resources.

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

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.

Plantation Petroleum Company is an upstream oil and gas entity engaged in the exploration, extraction, refining, transportation, and marketing of petroleum products. The company distributes these products to various sectors, including residential, commercial, industrial, and agricultural markets. Focusing on the Permian Basin in Texas and New Mexico, Plantation Petroleum aims to create value by acquiring and developing oil and gas assets in this region.