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Apollo, Double Eagle Create New Texas-Focused Company

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Apollo, Double Eagle Create New Texas-Focused Company

Affiliates of Apollo Global Management, LLC and Double Eagle Energy Holdings LLC have expanded their strategic partnership and funds managed by Apollo have created Double Eagle Energy Holdings II LLC to invest in oil and gas properties.

Double Eagle II, headquartered in Fort Worth, Texas, has an executive management team led by John Sellers, Co-Chief Executive Officer, and Cody Campbell, Co-Chief Executive Officer. John and Cody also manage Double Eagle Development LLC, which has been one of the largest independent acquirers of oil and gas leasehold interests across Texas and the Mid-Continent, leasing more than one million acres over the last several years.

Formation of this new partnership follows the recent successful sale by Double Eagle I of its Oklahoma SCOOP assets to American…

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