Empresa Energy is actively engaged in
analysis of unconventional opportunities in many
of the major North American Shale Plays.
Empresa Energy I
Empresa management team formed Empresa Energy I in October 2004. The
company partnered with EnCap Investments, L.P. and pursued an aggressive
growth strategy, amassing a substantial acreage position in the ArkLaTex
Basin and Haynesville Shale play. Empresa Energy successfully executed
their development program over a four and a half year period, creating
significant proved reserve value and resource potential. In July 2009,
Empresa Energy I was sold to Chesapeake Energy Corporation (NYSE: CHK).
Empresa Energy II
Subsequent to the sale of Empresa I to Chesapeake Energy Corporation,
the Empresa management team partnered with EnCap Investments, L.P., and
formed Empresa Energy II in July 2009. Over the ensuing year, Empresa
Energy II deployed its equity commitment in the condensate window of the
emerging Eagle Ford Shale play. In June 2010, Empresa Energy IIís
Eagle Ford Shale assets were acquired by Chesapeake Energy Corporation (NYSE: CHK).
Empresa Energy III
Empresa management team partnered with EnCap Investments, L.P. in
September 2010 and formed Empresa Energy III. Empresa subsequently
identified and acquired large positions in the Wolfcamp and Cline plays
in the Permian Basin as well as a significant position in the promising
emerging oil prone Lower Smackover/Brown Dense play in Northern