Encino Acquisition Announces $300 Million Equity Commitment from CPP Investments

Source: www.gulfoilandgas.com 4/22/2024, Location: North America

Encino Acquisition Partners, LLC ("EAP") announces a follow-on equity investment commitment of US$300 million from Canada Pension Plan Investment Board ("CPP Investments"). EAP and CPP Investments anticipate that US$150 million will be funded by the end of April. The investment supports EAP's accelerated development of the Utica oil play, one of the highest-return oil growth plays in North America.


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