Energy

Buyout firm EnCap eyes nearly $3 bln of Permian asset sales 

Energy

Reuters exclusively revealed that EnCap Investments is exploring the sale of two Permian basin-focused oil and gas producers that could collectively fetch the private equity firm nearly $3 billion. 

Market Impact

Deal-making activity in the oil and gas industry has remained robust despite volatility in commodity and financial markets. The Permian, which stretches across Texas and New Mexico and is considered the heart of the U.S. shale industry, has driven much of the activity, as has EnCap. 

Article Tags

Topics of Interest: Energy

Type: Reuters Best

Sectors: Commodities & Energy

Regions: Americas

Countries: United States

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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