Novo Oil & Gas II receives equity capital commitment from EnCap Investments
04/23/24, 9:14 PM
Location
oklahoma cityIndustry
biomass energy
oil and gas
energy
Investors
En Cap Investments
Novo Oil & Gas II, LLC (Novo II) has announced the reception of an equity capital commitment from EnCap Investments. The company intends to focus on the pursuit of proven, liquids-rich unconventional assets in the Permian Basin, with a particular focus in the Delaware Basin.
Company Info
Location
oklahoma city, oklahoma, united states
Additional Info
Based in Oklahoma City, Novo Oil & Gas was founded in 2016 and successfully exited in August 2023. Novo I was focused on the pursuit of proven, liquids-rich unconventional assets in the Permian Basin, with a particular focus in the Delaware Basin. Novo II is led by founding partners Chief Executive Officer John Zimmerman; President and Chief Commercial Officer Brandon Patrick; Chief Financial Officer David Avery; and Chief Operating Officer Kurt Shipley.