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Double Eagle Energy

Articles from Double Eagle Energy

EnCap, Double Eagle Tout $2.3B in Commitments to Accelerate Permian Drilling Program

E&P

EnCap, Double Eagle Tout $2.3B in Commitments to Accelerate Permian Drilling Program

A private equity (PE)-backed oil and gas partnership formed last year has secured about $600 million in additional capital commitments to acquire and develop drilling opportunities in the Permian Basin. EnCap Investments LP, Double Eagle Energy Holdings IV and Tumbleweed Royalty IV LLC on Sunday announced a “successful equity commitment upsize” to $2.3 billion, and…

January 30, 2023
Double Eagle Targeting ‘Very Large’ Permian Acquisitions with $1.7B PE Commitment

Permian Basin

Double Eagle Targeting ‘Very Large’ Permian Acquisitions with $1.7B PE Commitment

Double Eagle Energy has secured private equity (PE) funding of $1.7 billion-plus to pursue upstream opportunities in the Permian Basin through two new entities. In partnership with EnCap Investments LP, Double Eagle has formed Double Eagle Energy Holdings IV LLC and Tumbleweed Royalty IV LLC. The plan is for Double Eagle IV to invest in…

June 21, 2022