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Texas-Focused Titan River Lands Capital Commitment

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Texas-Focused Titan River Lands Capital Commitment

Ridgemont Equity Partners and Post Oak Energy Capital have reported a $100 million capital commitment to the management team of Titan River Energy LLC. Titan River’s management team will be co-investing alongside Ridgemont and Post Oak.

No other financial terms of the transaction were disclosed.

Titan River is a newly formed oil and gas company headquartered in Fort Worth, Texas, with an additional office in The Woodlands. Titan River will initially focus on the drilling and development of oil-prone shale plays in Texas. The company’s management team includes Chip Simmons, CEO; Lee Matthews, President and COO; Don Pearce, EVP of drilling operations; Kent Bowker, EVP of Geology; and Brennan Potts, VP of Land and Business Development. The management team has a proven track record with…

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