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Atlantic Resources Lands Capital From Denham Capital; Permian

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Atlantic Resources Lands Capital From Denham Capital; Permian

Atlantic Resources Company, LLC today announced that it has secured an equity commitment from Denham Capital, a leading energy and resources-focused global private equity firm. The recently formed company will pursue the acquisition, exploration and development of oil and gas assets in the Permian Basin with a specific focus on upstream unconventional assets.

Atlantic’s management team is led by Chief Executive Officer Richard A. Jennings and President Rodney Woodard. The upstream oil and gas industry veterans have a proven track record in the Permian, spending much of their careers focused on start-ups, exploration, lease and production acquisition, exploitation and development. They founded Atlantic late last year and are joined by Will Abney, Ross Cox, Douglas Prieto, and Bruce Woodard.

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