Percussion Petroleum LLC
About
Percussion Petroleum LLC is an oil and gas company based in Houston. In partnership with a leading investment firm, Carnelian Energy Capital, Percussion Percussion II focuses on acquisition and development opportunities in select onshore basins in North America. The company’s predecessor, Percussion I, divested its Northwest Shelf asset of 380 gross wellbores and 22,000 net Yeso acres in Eddy and Lea counties, N.M., in June 2019 to Spur Energy Partners LLC.
Editor's note: Updated March 30, 2020.
Headquarters Address
919 Milam Street Suite 2475
Houston, TX 77002
United States
Website
percussionpetroleum.comMain Phone Number
Transactions
Oasis Petroleum Exits Permian Basin in Sale Worth over $480 Million
Oasis Petroleum Exits Permian Basin in Sale Worth over $480 Million
Former WildHorse CEO Jay Graham Returns With Permian Basin Acquisition
Former WildHorse CEO Jay Graham Returns With Permian Basin Acquisition
Former WildHorse CEO Jay Graham Returns With Permian Basin Acquisition
Former WildHorse CEO Jay Graham Returns With Permian Basin Acquisition
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New Financings
Closed equity commitment from Carnelian Energy Capital LP. Proceeds will be used to pursue an acquisition…
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News
Earthstone Shops Eagle Ford Assets as E&P Eyes South Texas Exit
Earthstone Energy is marketing PDP and undeveloped locations in the Eagle Ford as the E&P streamlines its focus on the Permian Basin.
Callon Wraps Up Delaware Bolt-on, Eagle Ford Exit
Callon Petroleum is shoring up its Permian position with its simultaneous acquisition of Delaware Basin assets from Percussion Petroleum and divesture of its Eagle Ford assets from Ridgemar Energy.
Percussion Petroleum Reportedly Seeking Sale Worth Up to $1.5 Billion
Percussion Petroleum II bought the bulk of its assets in the Permian Basin from Oasis Petroleum a year ago for $375 million plus contingent payments.
Oasis Petroleum Completes Permian Basin Exit in Sale to Percussion II
Percussion Petroleum acquired Oasis Petroleum’s remaining upstream assets in the Texas region of the Permian Basin for cash consideration of up to $375 million, a company filing says.
Percussion Petroleum Re-ups with Carnelian Following Successful 2019 Sale
Percussion Petroleum II will pursue the same acquisition and development strategy as its predecessor, which sold its position in the Permian Basin’s Northwest Shelf to Spur Energy Partners in mid-2019.
E&P Momentum: Consolidating The Yeso
Long overshadowed by the Delaware Basin Bone Spring and Wolfcamp plays, a reviving Yeso marks the return of Northwest Shelf credibility.
Former WildHorse CEO Jay Graham Returns With Permian Basin Acquisition
Jay Graham is back after the successful sale of WildHorse Resource Development to Chesapeake Energy with a new venture—this time in the Permian Basin.
Percussion Petroleum: A Play On The Yeso
A start-up in early 2016, Percussion Petroleum has found success with horizontal pay from New Mexico’s Yeso in the Permian Basin.
All Is Well In The Permian's Yeso
The sprawling Permian Basin is the oil and gas gift that keeps on giving—often in unanticipated ways.