Encino Energy led by Hardy Murchison raises capital for energy acquisitions – Houston Business Journal

Houston-based Encino Energy LLC has raised almost all of an expected $33 million capital raise to fund acquisitions in shale basins around the U.S., according to filings with the Securities and Exchange Commission.

The energy sector has raised significant capital over the past couple of months despite low oil prices, including Post Oak Energy Partners, which just closed a $600 million fund, and a new wellhead company led by Kelly Joy, just raised $36 million in seed funding.

Source: Encino Energy led by Hardy Murchison raises capital for energy acquisitions – Houston Business Journal

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