Sabalo Energy II LLC

Description

Closed an equity commitment from EnCap Investments LP. Proceeds will be used to build, operate and generate significant cash flow from a portfolio of upstream assets located in premier U.S. basins. Vinson & Elkins LLP was legal counsel to EnCap and Bracewell LLP served as legal counsel to Sabalo.

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Companies
Estimated Price
$300.0MM
Financing Type
Report Date