Empresa Energy is a Houston-based independent oil and gas company focused on the acquisition and development of resource-play-type assets. While partnered with EnCap, the Empresa team has successful realizations in both the Haynesville and Eagle Ford shale plays.
- Empresa I: EnCap and the Empresa management team formed Empresa in December 2004. The company pursued an aggressive growth strategy, amassing a substantial acreage position in the ArkLaTex Basin and Haynesville Shale play. Empresa successfully executed a development program over a four-and-a-half-year period, creating significant proved reserve value and resource potential. In July 2009, Empresa sold to Chesapeake Energy Corporation (NYSE: CHK).
- Empresa II: Subsequent to the sale of Empresa I to Chesapeake, EnCap again partnered with management to form Empresa II in July 2009. Over the ensuing year, Empresa II deployed its commitment in the condensate window of the emerging Eagle Ford Shale play. In June 2010, Empresa II’s Eagle Ford assets were acquired by Chesapeake Energy Corporation.
EnCap currently is partnered with Empresa management in Empresa III, which was formed in September 2010.