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Sabalo Energy LLC

About

Sabalo is a premier private oil and gas company with assets in the core of the northern Midland Basin in Howard County, Texas. Headquartered in Corpus Christi, Texas, Sabalo’s core mission is to deliver superior returns to its shareholders and partners through the efficient and responsible development of its unconventional asset base. Sabalo has a successful track record of building strong relationships with its royalty owners and landowners, which remain a key focus in Sabalo’s go-forward development plans. As a part of this, safety and environmentally responsible operations are Sabalo’s number one priority in achieving success.

Sabalo is funded via a private equity commitment from EnCap Investments LP, a leading provider of growth capital to the independent sector of the U.S. oil and gas industry.

Editor's note: Updated Aug. 22, 2019.

Headquarters Address

800 North Shoreline Blvd.
Suite 900N
Corpus Christi, TX 78401
United States

Main Phone Number

Transactions

Report Date Amount (MM) Description
2021-07-01 $715.00

Permian Producer Laredo Petroleum Strikes $715 Million Deal for Sabalo, Partner

Permian Producer Laredo Petroleum Strikes $715 Million Deal for Sabalo, Partner

Report Date Amount (MM) Description
2019-08-21 --

H2O Midstream Adds Sabalo’s Water Assets To Growing Permian Position

H2O Midstream Adds Sabalo’s Water Assets To Growing Permian Position

Report Date Amount (MM) Description
2019-08-21 --

H2O Midstream Adds Sabalo’s Water Assets To Growing Permian Position

H2O Midstream Adds Sabalo’s Water Assets To Growing Permian Position

Report Date Amount (MM) Description
2018-10-17 $950.00

Earthstone Boosts Midland Footprint With $950 Million Sabalo Acquisition

Earthstone Boosts Midland Footprint With $950 Million Sabalo Acquisition

2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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Locked Data

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New Financings

Report Date Type Amount (MM) Description
2021-09-22 Sabalo Energy II LLC Equity $300.00

Closed an equity commitment from EnCap Investments LP. Proceeds will be used to build, operate and…

2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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Locked Data

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Instantly unlock over 15 years of A&D transactions and financing data.

News

While public operators are on a growth diet, private operators are taking advantage of higher oil and gas prices—and nowhere more so…

In its most recent partnership with EnCap, the Sabalo management team built a position in the Midland Basin of over 21,000 net acres,…

In addition to the Sabalo deal, Laredo Petroleum also agreed to a partial sale of operated PDP reserves in gas-weighted legacy assets…

There’s more oil here than natgas and NGL. And the bigger molecule is flowing just fine. Here Mike Dignam shares Sabalo Energy’s…

Concurrent with the Sabalo acquisition, EIV Capital and multiple co-investors “substantially increased” their equity commitment for…