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Endurance Gets $100 Million Capital From LimeRock

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Endurance Gets $100 Million Capital From LimeRock

Endurance Resources Holdings, LLC, today announces a $100 million growth equity commitment from Lime Rock Partners, a global energy-focused private equity firm.

The capital will allow Endurance Resources to acquire producing and development assets currently operated by the Endurance team and to pursue additional opportunities in the Bone Spring oil play in Lea and Eddy Counties, New Mexico.

Mr. Ritter said, "Over the last five years, the Delaware and other parts of the Permian Basin have led the American oil renaissance with new play concepts, large production increases, and the application of new technology and techniques. We are excited to be partnering with a group like Lime Rock, which has demonstrated considerable success in its existing investments in the Permian. We look forward…

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