January 16, 2025 08:30 AM Eastern Standard Time
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HOUSTON–(BUSINESS WIRE)–Eagle Mountain Energy Partners II, LLC (“EMEP II”) announced today that it has secured an equity commitment from Dallas-based investment firm, Pearl Energy Investments (“Pearl”). EMEP II will pursue U.S. onshore acquisition and development opportunities, with a primary focus in the Williston and other basins in the Rockies.
Co-founded by Eric Pregler, Shaleen Patel, Michael Dekruif and Kyle Dubiel, the EMEP II team has a proven track record of acquiring, optimizing, and developing U.S. onshore upstream assets. EMEP II’s predecessor, EMEP I, successfully monetized its Williston Basin assets in 2024, which was also in partnership with Pearl.
“We are excited to continue our strong relationship with Pearl and remain committed to responsible stewardship of both capital and operations,” said Eric Pregler, Chief Executive Officer. “Now is an opportunistic time to invest in oil and gas assets, and our partnership with Pearl is critical to our success.”
Steven Cobb, Partner of Pearl, added, “The EMEP team has a unique ability to create value in dynamic markets and across a diverse resource base. Pearl is proud to support EMEP II and looks forward to continuing a successful partnership.”
Advisors:
EMEP II was advised by O’Melveny & Myers LLP. Willkie, Farr & Gallagher LLP acted as legal counsel to Pearl.
About Eagle Mountain Energy Partners II:
Eagle Mountain Energy Partners II, LLC is a Houston-based upstream company focused on acquiring and developing assets in U.S. onshore oil and gas basins. For additional information, please visit www.em-ep.com.
About Pearl Energy Investments:
Pearl Energy Investments is a Dallas, Texas-based investment firm with $2.0 billion of capital under management. Pearl focuses on partnering with proven management teams to invest in the North American energy sector. For additional information, please visit https://www.pearl-energy.com.
Contacts
Meredith Hargrove Howard
Redbird Communications Group
[email protected]