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

PRIVATEApr 23, 2024

Round Type

Venture

Oklahoma CityEnergyOil And GasBiomass Energy

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.

Quick answer

Novo Oil & Gas raised an undisclosed amount in a funding round, dated April 23, 2024. Investors: En Cap Investments. Novo Oil & Gas is based in Oklahoma City, Oklahoma, United States.

How much did Novo Oil & Gas raise?
Novo Oil & Gas raised an undisclosed amount in a funding round on April 23, 2024.
Who invested in Novo Oil & Gas?
En Cap Investments is named as investors in this round.
What does Novo Oil & Gas do?
Based in Oklahoma City, Novo Oil & Gas was founded in 2016 and successfully exited in August 2023.
Where is Novo Oil & Gas based and how big is it?
Novo Oil & Gas is based in Oklahoma City, Oklahoma, United States.
Who are the decision-makers at Novo Oil & Gas?
Fundz holds 1 contact at Novo Oil & Gas. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as Novo Oil & Gas that raised within 45 days of this round, from Fundz verified event records.

  • Zanskar raised $30M (Funding Round) on May 7, 2024.
  • Found Energy raised $12M (Seed) on April 18, 2024.
  • ReNew Sun Bright Private Limited raised $3.2M (Seed) on April 11, 2024.
  • Reformed Energy raised an undisclosed amount (Seed) on March 12, 2024.
  • Lithium South Development raised $37K (Seed) on June 7, 2024.
  • Eckard raised $4.2M on June 7, 2024.

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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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Related People

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Novo Oil & Gas raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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