Post Oak Energy Capital

Post Oak Energy Capital, LP is a private equity firm based in Houston, Texas, established in 2006. The firm specializes in mid-market acquisitions, growth capital, and various forms of equity investments, primarily in the energy sector. Its focus lies on companies involved in exploration and production, oil and gas production, and oilfield services, particularly those that manufacture or provide essential products and equipment for the exploitation of oil and natural gas reserves. Post Oak Energy Capital targets opportunities primarily within the United States but also considers investments outside the country. The firm typically invests between $25 million and $75 million, aiming to allocate around 75 percent of its capital to traditional North American onshore oil and gas projects and the remaining 25 percent to related services. It engages in both control and minority investments, utilizing personal capital for its investment strategies.

Frost W. Cochran

Managing Director, President and CEO

Philip Davidson

Managing Director and Founding Partner

Parker McCabe

Associate

Ryan Walsh

Vice President

Henry May III

Director

Past deals in Natural Resources

Saxet

Private Equity Round in 2018
Saxet is an oil and gas company based in Houston, Texas, specializing in the acquisition and management of mineral and royalty interests across the United States. Comprised of experienced professionals from the exploration and production sector, Saxet leverages its extensive industry knowledge to identify and pursue strategic opportunities for growth. The company focuses on acquiring both working interests and mineral interests, generating exploration projects in multiple oil and gas basins. Through its targeted acquisitions, Saxet aims to enhance its portfolio while delivering exceptional service to its partners and stakeholders. This strategic approach positions Saxet for long-term growth in the energy sector.

Sierra Resources

Private Equity Round in 2017
Sierra Resources is a private oil and gas exploration and production company based in Houston, Texas. The company has significant experience in operating various onshore basins and has recently shifted its focus towards acquiring and developing unconventional oil and gas assets. Notably, Sierra Resources is actively engaged in the Eagle Ford Shale, where it aims to enhance its portfolio of reserves.

Nadel and Gussman

Private Equity Round in 2017
Nadel and Gussman is a fourth-generation family-owned oil and gas production and exploration company based in Tulsa, Oklahoma, with a history spanning over 70 years. Founded by Isadore Nadel in 1919, the company initially began with shallow oil investments and grew significantly after Herb Gussman, Nadel's son-in-law, joined in 1935. Under the leadership of Gussman and later executives Stephen Heyman and Jim Adelson, the company expanded its operations across various basins in the United States. Nadel and Gussman focuses on environmentally safe exploration and production methods, primarily targeting the Mid-continent, ArkLaTex, and Permian basin regions. The company emphasizes both operated and non-operated opportunities that utilize advanced horizontal drilling and completion technologies. Additionally, Nadel and Gussman has a corporate venture capital arm that further diversifies its business interests.

Moriah Henry Partners

Private Equity Round in 2017
Moriah Henry Partners LLC is a Midland-based exploration and production company focused on the acquisition and development of oil and gas properties in the Midland Basin of West Texas. The Company is a collaboration among Post Oak Energy Capital, Henry Energy, LP and Moriah Energy Investments, LLC.

Mavros Minerals

Private Equity Round in 2017
Mavros Minerals is an oil and gas company focused on mineral energy assets. The company's focus lies in the acquisition of mineral and royalty interests and acting as local operators to source, analyze and execute on acquisition opportunities.

Tri-C Resources

Private Equity Round in 2017
Tri-C Resources is an exploration and production company focused on the acquisition and development of oil and gas assets. It also specializes in the drilling, completion, and production of oil and gas wells. Tri-C Resources was founded in 1985 and is based in Houston, Texas.

Mavros Minerals

Private Equity Round in 2016
Mavros Minerals is an oil and gas company focused on mineral energy assets. The company's focus lies in the acquisition of mineral and royalty interests and acting as local operators to source, analyze and execute on acquisition opportunities.

Rimrock Resource Operating

Private Equity Round in 2015
Rimrock Resource Operating is an oil and energy company focused on the development, acquisition, and exploration of the oil and gas industry. The company provides services including oil transportation, well site management, water transportation, crude oil marketing, contract pumping, service and repair, roustabout, and other small services. Rimrock Resource Operating was formed in 2015 in Tulsa, OK.

Double Eagle Development

Private Equity Round in 2015
Double Eagle Energy Holdings (together with its affiliates and subsidiaries, “Double Eagle,”) principal business is crude oil and natural gas exploration, development and production through horizontal and vertical operations in the Midland Basin of West Texas. The company also focuses on acquiring oil and gas leases, working interest, mineral rights, and royalty interests throughout the Permian Basin. Double Eagle is one of the largest, if not the largest, organic acquirers of acreage in the Permian Basin in West Texas, and has historically been active across the United States in South Texas (Eagle Ford), the Mid-Continent (Mississippian, SCOOP, Penn Shales) and the Rockies (DJ Basin, Powder River Basin). Since forming Double Eagle in 2008, the Company has executed on over 10,000 individual lease transactions, totaling more than 1 million acres and more than $4.5 billion in transaction value. The company is headquartered in Fort Worth, Texas, with an additional office in Midland, Texas.

Crown Oil Partners

Private Equity Round in 2014
Crown Oil Partners is an oil and gas company acquiring and managing various types of oil and natural gas properties. The company was founded in 2016 and is headquartered in Midland, TX.

Cornerstone Petroleum Petroleum

Private Equity Round in 2013
CPR is an exploration and production company that focuses on the drilling and development of oil-prone shale plays. It also focuses on the development of shale oil resources via joint ventures, farm-ins, and organic leasing opportunities with existing acreage owners and operators.

Crown Oil Partners

Private Equity Round in 2011
Crown Oil Partners is an oil and gas company acquiring and managing various types of oil and natural gas properties. The company was founded in 2016 and is headquartered in Midland, TX.

Chaparral Energy

Private Equity Round in 2008
Chaparral Energy, Inc. is engaged in the acquisition, exploration, development, production, and operation of oil and natural gas properties, primarily in Oklahoma, United States. The company focuses on selling crude oil, natural gas, and natural gas liquids to refineries and gas processing plants. It holds approximately 210,000 net surface acres in the Mid-Continent region, with about 122,000 net acres located in the STACK play across Canadian, Kingfisher, and Garfield counties. As of December 31, 2019, Chaparral's estimated proved oil and natural gas reserves were 96.6 million barrels of crude oil equivalent, and it had interests in 2,782 gross producing wells, including 866 that are company-operated. Founded in 1988, the company is headquartered in Oklahoma City, Oklahoma.

Black Oak Resources

Private Equity Round in 2008
Black Oak Resources is an exploration and production company focused on oil and natural gas properties. The company pursued upstream acquisition and development opportunities in the Permain Basin and Mid-Continent areas. Black Oak Resources was formed in 2008 in Austin, TX.

Atlas Energy

Private Equity Round in 2007
Atlas Energy is a limited liability company based in Philadelphia, Pennsylvania, specializing in the development and production of natural gas and, to a lesser extent, crude oil. The company primarily operates in the Appalachian Basin, focusing on the extraction of natural gas and natural gas liquids. In addition to its production activities, Atlas Energy sponsors and manages tax-advantaged investment partnerships, utilizing these investments to finance the exploration and development of its acreage.

Breitburn Energy Partners

Private Equity Round in 2007
Breitburn Energy Partners is an oil and gas company that explores and develops oil and gas producing properties. The company's current assets consist primarily of producing and non producing crude oil reserves located in the Los Angeles Basin in California, the Wind River and Big Horn Basins in central Wyoming, the Sunniland Trend in Florida, the Permian Basin in West Texas and Michigan. Breitburn’s goal is to provide unitholders with stable and growing cash distributions.

RAM Energy Resources

Private Equity Round in 2007
RAM Energy Resources is an oil and gas company focused on the development and acquisition of oil and natural gas properties. The company focused its efforts in Texas, Louisiana, and Oklahoma where it managed and developed oil and gas properties while seeking acquisition opportunities, since 1987.

SandRidge Energy

Acquisition in 2006
SandRidge Energy, Inc. is an oil and natural gas company based in Oklahoma City, focused on the exploration, development, and production of crude oil, natural gas, and natural gas liquids. The company primarily operates in the Mid-Continent region and the North Park Basin of the United States, where it has a significant presence with over 1,000 net producing wells and approximately 511,000 net acres under lease. SandRidge Energy is known for its expertise in drilling low-risk, conventional oil wells, particularly in shallow carbonate reservoirs, and is a key developer of the Mississippian Oil Play. As of the end of 2019, the company reported total estimated proved reserves of approximately 89.9 million barrels of oil equivalent. SandRidge Energy has faced challenges, including a bankruptcy filing in May 2016, but continues to operate with a commitment to its business and community engagement.

LINN Energy

Private Equity Round in 2006
LINN Energy, based in Houston, Texas, is an independent oil and natural gas company that focuses on the acquisition, exploration, and development of unconventional reserves. The company holds interests in approximately 150,000 net acres in the Anadarko Basin, specifically within the Merge, SCOOP, and STACK plays. LINN Energy aims to maximize cash flow through a growing portfolio of long-life oil and natural gas assets, and it has established itself as a significant player in the U.S. energy sector with a substantial amount of proved reserves. Through its equity interest in Roan Resources LLC, LINN Energy continues to enhance its operations and asset profile in key producing basins across the United States.
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