Eagle Mountain Energy Partners LLC landed backing from a duo of capital providers to support its pursuit of “low-risk, long-lived” assets, the newly formed E&P company said in a Jan. 29 news release.

Pearl Energy Investments and Natural Gas Partners LLC (NGP) agreed to partner with Eagle Mountain to support the company’s strategy to pursue acquisition and development opportunities focused primarily in the Williston Basin. The company is also considering assets in other select oil-weighted basins in the Rockies, according to its website.

In particular, Eagle Mountain is targeting low-risk, long-lived producing assets with development upside.

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