Stronghold Energy II
Stronghold Energy II: A Texas-based oil and gas company, specializing in Permian Basin exploration and production.
Founded
2017Stronghold Energy II: A Texas-based oil and gas company, specializing in Permian Basin exploration and production.
Founded in 2017 and based in Midland, TX, Stronghold Energy II is a privately held oil and gas exploration and production company. The company's core mission is to acquire and develop properties in the Permian Basin, with a particular focus on the Central Basin Platform. Stronghold Energy II was capitalized with a $150 million commitment led by Warburg Pincus, providing the flexibility to add additional capital as needed. Their primary market focus is on leveraging advanced technologies and methodologies to maximize resource extraction and efficiency in one of the most prolific oil-producing regions in the United States.
Notable figures affiliated with Stronghold Energy II include Steven Weatherl, who serves as Chief Executive Officer. Weatherl brings extensive experience from his previous roles at EOG Resources' West Texas Division. The company has achieved significant milestones, including managing substantial drilling operations and maintaining a robust portfolio of assets in the Permian Basin. With strong financial backing and strategic leadership, Stronghold Energy II has made a notable impact on the regional oil and gas industry, contributing to energy production and economic growth in the area.
Companies similar to Stronghold Energy II include WildFire Energy, Admiral Permian Resources, Emory Peak Holdings II and Roaring Fork Energy.
Stronghold Energy II was founded in 2017.
Stronghold Energy II's headquarters is located in Midland, TX, US.
Stronghold Energy II's most recent funding round was for $150M (USD) in January 2018.
As of Jan 19, 2018, Stronghold Energy II has raised a total of $150M (USD).
Stronghold Energy II has 30 employees as of Feb 4, 2024.
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