Novo Oil & Gas II receives equity capital commitment from EnCap Investments

Apr 23, 2024•over 1 year ago

Oklahoma CityBiomass EnergyOil And GasEnergy

Investors

En Cap Investments

Description

Novo Oil & Gas II, LLC (Novo II) has announced the reception of an equity capital commitment from EnCap Investments. The company intends to focus on the pursuit of proven, liquids-rich unconventional assets in the Permian Basin, with a particular focus in the Delaware Basin.

Company Information

Company

Novo Oil & Gas

Location

Oklahoma City, Oklahoma, United States

About

Based in Oklahoma City, Novo Oil & Gas was founded in 2016 and successfully exited in August 2023. Novo I was focused on the pursuit of proven, liquids-rich unconventional assets in the Permian Basin, with a particular focus in the Delaware Basin. Novo II is led by founding partners Chief Executive Officer John Zimmerman; President and Chief Commercial Officer Brandon Patrick; Chief Financial Officer David Avery; and Chief Operating Officer Kurt Shipley.

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