Ameredev closes equity commitment of $250M from EnCap Investments

American Resource Development LLC (Ameredev) has closed an equity commitment of $250 million from EnCap Investments.

Ameredev is an Austin. Texas-based exploration and production company that is focused on the acquisition and development of oil and gas properties in the Permian Basin. The Ameredev management team comprises former employees of Three Rivers Operating Co., Cimarex Energy Co., and Concho Resources Inc.

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