Sabalo Energy LLC
About
Sabalo is a premier private oil and gas company with assets in the core of the northern Midland Basin in Howard County, Texas. Headquartered in Corpus Christi, Texas, Sabalo’s core mission is to deliver superior returns to its shareholders and partners through the efficient and responsible development of its unconventional asset base. Sabalo has a successful track record of building strong relationships with its royalty owners and landowners, which remain a key focus in Sabalo’s go-forward development plans. As a part of this, safety and environmentally responsible operations are Sabalo’s number one priority in achieving success.
Sabalo is funded via a private equity commitment from EnCap Investments LP, a leading provider of growth capital to the independent sector of the U.S. oil and gas industry.
Editor's note: Updated Aug. 22, 2019.
Headquarters Address
800 North Shoreline Blvd.
Suite 900N
Corpus Christi, TX 78401
United States
Website
www.sabaloenergy.comMain Phone Number
Transactions
Permian Producer Laredo Petroleum Strikes $715 Million Deal for Sabalo, Partner
Permian Producer Laredo Petroleum Strikes $715 Million Deal for Sabalo, Partner
H2O Midstream Adds Sabalo’s Water Assets To Growing Permian Position
H2O Midstream Adds Sabalo’s Water Assets To Growing Permian Position
H2O Midstream Adds Sabalo’s Water Assets To Growing Permian Position
H2O Midstream Adds Sabalo’s Water Assets To Growing Permian Position
Earthstone Boosts Midland Footprint With $950 Million Sabalo Acquisition
Earthstone Boosts Midland Footprint With $950 Million Sabalo Acquisition
This content is locked until you subscribe
This content is locked until you subscribe
This content is locked until you subscribe
This content is locked until you subscribe
Subscribe to Access
Instantly unlock over 15 years of A&D transactions and financing data.
New Financings
Closed an equity commitment from EnCap Investments LP. Proceeds will be used to build, operate and…
This content is locked until you subscribe
This content is locked until you subscribe
This content is locked until you subscribe
Subscribe to Access
Instantly unlock over 15 years of A&D transactions and financing data.
News
Permian Privates Playbook
While public operators are on a growth diet, private operators are taking advantage of higher oil and gas prices—and nowhere more so than in the Permian Basin.
Sabalo Energy Re-ups with EnCap Following $715 Million Sale to Laredo
In its most recent partnership with EnCap, the Sabalo management team built a position in the Midland Basin of over 21,000 net acres, which it sold to Laredo Petroleum for $715 million in July.
Permian Producer Laredo Petroleum Strikes $715 Million Deal for Sabalo, Partner
In addition to the Sabalo deal, Laredo Petroleum also agreed to a partial sale of operated PDP reserves in gas-weighted legacy assets in Reagan and Glasscock counties, Texas, for $405 million.
DUG Permian/Eagle Ford: Operator Spotlight; Howard County
There’s more oil here than natgas and NGL. And the bigger molecule is flowing just fine. Here Mike Dignam shares Sabalo Energy’s findings from the northern Midland Basin.
H2O Midstream Adds Sabalo’s Water Assets To Growing Permian Position
Concurrent with the Sabalo acquisition, EIV Capital and multiple co-investors “substantially increased” their equity commitment for H2O Midstream to pursue additional growth in the Permian Basin.