Carnelian Energy Capital completed an investment in Percussion Petroleum II.

Carnelian Energy Capital, an energy investment firm, completed an investment in Percussion Petroleum II, an oil and gas company based in Houston, Texas. Financial terms were not disclosed. "John and Brian's entrepreneurial approach, tenacity and technical expertise are of the highest caliber. We are looking forward to getting to work during this opportunity-rich time in the energy markets," Tomas Ackerman, Carnelian Partner.