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.
Energy
Buyout firm EnCap eyes nearly $3 bln of Permian asset sales
06 April 2023, 3:58 pm 1 minute
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
