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Pontem Energy Capital Holds Initial Close for Its Second Private Equity Fund

Pontem Energy Capital Holds Initial Close for Its Second Private Equity Fund

Business Wirea day ago
HOUSTON--(BUSINESS WIRE)--Pontem Energy Capital, a specialized energy sector investment firm is pleased to announce the first close of its second fund, Pontem Energy NonOp Fund I ('the Fund'). The Fund, which will invest in upstream oil & gas assets throughout North America, is aiming for a final close at $250 million.
The Fund will primarily seek to acquire non-operated working interests in upstream oil, natural gas and natural gas liquids assets, which may consist of well bore interests in producing or pre-drill assets. The Fund's investment strategy is to utilize deep industry relationships and a proprietary technical analysis process to partner with top tier operators in key basins to generate significant current yield with a self-amortizing profile and periodic investor distributions, with the objective of maximizing investor returns and minimizing exit-value concentration.
Pontem is pleased to welcome the Alamo Resources team ('Alamo') to the Pontem platform. The Alamo team has over 20 years of experience in acquiring and developing oil & gas assets throughout the United States. With a focus on utilizing modern technology to review prospective development wells, Alamo has a long track record of identifying attractive investment opportunities and generating superior returns for investors.
About Pontem Energy Capital
Pontem Energy Capital ('Pontem') is a Houston-based private equity firm that is pursuing investments in the global energy sector. The Pontem team includes technical personnel and investment professionals with experience owning and operating oil & gas assets around the globe.
Pontem Alaska LP was raised in 2024 to acquire upstream and midstream assets on the North Slope of Alaska. Pontem continues to evaluate investment opportunities in the Cook Inlet and on the North Slope.
Pontem NonOp Fund I will invest in non-operated working interests in key oil & gas basins throughout the United States.
In addition to Alaska and the non-operated strategy, the Pontem team is reviewing opportunities to make controlling equity investments in the global energy sector.
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