Announced
Completed
Financials
Tags
Integrated Oil and Gas
oil and gas company
United States
Acquisition
Domestic
Minority
Private
Private Equity
Completed
Friendly
Single Bidder
Synopsis
EnCap Investments, a provider of growth capital to the independent sector of the US energy industry, completed the $300m investment in Sabalo Energy, an upstream exploration and production company. "EnCap is proud to continue our partnership with Barry Clark and the Sabalo team. They have a demonstrable track record of capturing assets and creating value across various market environments. This equity commitment is a testament to our confidence in Sabalo's operational and technical ability to execute across multiple oil and gas basins," Brad Thielemann, EnCap Partner.
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