Percussion Petroleum partners with Carnelian Energy Capital

Percussion Petroleum LLC has closed an equity commitment from Carnelian Energy Capital Management LP through Carnelian's fund, Carnelian Energy Capital LP.

Percussion, an independent oil and natural gas company headquartered in Houston, was formed to pursue an acquisition and exploitation strategy in select onshore basins in North America. The founders of the company – John Campbell III, Lupe Carrillo, and Brian Zwart – previously worked together at two private-equity-backed ventures, QR Energy LP and Rockcliff Energy LLC. 

Willkie Farr & Gallagher represented Carnelian Energy Capital in this transaction.

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