Axia Energy II closes private equity financing commitment

Axia Energy II LLC has closed its private equity financing commitment with $200 million of funding commitments principally from NGP Natural Resources XI, Old Ironsides Energy, and management.

The founders of the company are Adam C. Sayers, Daniel G. Blanchard, Thomas W. Dyk, and Douglas R. Harris. This is the fourth company the founders have started, having worked together for the last 11 years.

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