Veritas Energy Partners and Double Eagle Lone Star created the joint venture.

Veritas Energy, an energy company, and Double Eagle Lone Star, a provider of investment services, created the joint venture. Financial terms were not disclosed. "With the strength of the new company’s combined management team and its operated, drill-ready acreage position, Double Eagle Energy Permian is uniquely positioned for rapid growth and expansion in the region," Hollis Sullivan, Veritas Energy Founder and CEO.