Backed by an initial $150 Million equity commitment NGP, Black Mountain Oil & Gas assembled an ~18,000-net acre portfolio in West Texas, which was sold in 2017 for $700 Million.
The Right Experience Driving the
Right Opportunities
Black Mountain Oil & Gas is an upstream oil and gas company with deep experience sourcing and developing properties in hydrocarbon-rich basins throughout the lower 48. Our strong financial backing allows us to evaluate a broad opportunity set, delivering the agility needed to create value in the oilfield both through aggressive acquisition and through the drill bit.
Oil & Gas Acquisition & Development in the Lower 48
Black Mountain Oil & Gas combines expertise in geology, engineering, land, and A&D to target both conventional and unconventional oil and gas reservoirs, focusing primarily on acquiring operated lease opportunities that are held-by-production.
Current Area of Focus
We are currently assembling a second NGP-backed leasehold position in the prolific Southern Delaware Basin in West Texas and New Mexico.