Silverback Exploration is financially backed by a $500 million equity commitment from EnCap Investments L.P.
Since 1988, EnCap Investments has been the leading provider of private equity to the independent sector of the U.S. oil and gas industry. The firm has raised 20 institutional oil and gas investment funds totaling approximately $33 billion and currently manages capital on behalf of more than 300 U.S. and international investors. With a leadership team that represents more than 250 years of experience in the energy finance and investment business, EnCap has established a reputation as an innovative, value-added source of private capital to the independent energy sector. The firm effectively works in partnership with its management teams by providing expertise and strategic direction and has consistently generated superior returns across multiple industry and hydrocarbon price cycles by applying a lower-risk, disciplined philosophy that balances capital preservation and value creation.