UpCurve II Secures Equity Commitment from Post Oak Energy Capital
January 05, 2022 09:00 AM Eastern Standard Time
UpCurve II is led by executives Zach Fenton, Steve Escaler and Dave Kyte, who have worked together for years in their existing partnership with Post Oak, UpCurve Energy Partners, LLC (“UpCurve I”). Both UpCurve I and II represent a highly economic acreage position in the core of the Southern Delaware Basin.
“We are excited to once again partner with the Post Oak team. We believe that patient, long-term capital in combination with prudent and environmentally responsible development will yield attractive investment returns, particularly in the current macro environment. Our data analytics capabilities, in combination with subsurface, operational and transactional experience, will allow us to continue to acquire and develop producing assets at the lowest breakeven cost. The Permian Basin remains the premier oil play in the world and has a bright future. UpCurve looks forward to being a part of it,” said UpCurve President Zach Fenton.
We believe the team’s unique combination of technical expertise and commercial acumen will position us well for continued success in the Permian Basin...
“Post Oak looks forward to continuing to work with UpCurve in this opportunity-rich environment,” added Ryan Walsh, Post Oak Director. “We believe the team’s unique combination of technical expertise and commercial acumen will position us well for continued success in the Permian Basin…”
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