An Austin oil and gas exploration and production company said Thursday it had received a $400 million investment from Houston-based EnCap Investments LP.
Ameredev II LLC, an oil and gas exploration and production company, recently sold about 16,700 net surface acres in Ward and Pecos counties in West Texas, which included oil and natural gas assets in the southern Delaware Basin, to Callon Petroleum Company (NYSE: CPE) for $633 million. That deal closed on Feb. 13.
The Ameredev funds are managed…
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