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Five New Private E&Ps; Raised $900 Million In 1Q16; On The Hunt For Assets

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Five New Private E&Ps; Raised $900 Million In 1Q16; On The Hunt For Assets

In a previous article, we took a look at several new companies that have emerged armed with new capital.  In part 2, we'll take a look at the companies that have emerged on the market since then in 2016.

Companies Emerging in 2016 Invictus Energy, LLC - $150 Million

New Eagle Ford, Permian E&P Raises $150 Million in Capital

The Company will consider opportunities throughout select North American basins with an initial focus on the Eagle Ford and Permian Basin.

The Invictus management team is led by Kevin Green, President and CEO; Elliott Hough, Chief Operating Officer; Robert Estrada, Chief Financial Officer; and Jon Moreland, Vice President of Land.

Percussion Petroleum, LLC - $50 Million

New E&P Company Debuts Armed with New Capital

According to the Houston Business Journal…

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