Private equity giant EnCap has again agreed to back Austin-based Ameredev with a $400 million equity commitment after the successful sale of Ameredev's initial project in the Permian basin.
"The EnCap team's focus on relationships, balanced commercial and technical perspective, and track record of investment returns make them a great partner for Ameredev," chief executive Parker Reese said. "We look forward to continuing the successful value-adding partnership that we have developed with them."
Ameredev
