MAIN MENU OUR HISTORY Grenadier Energy Partners I was formed by Patrick J. Noyes in April 2007 partnering with EnCap Investments L.P. and Kayne Anderson Capital Advisors who, together with management, committed to funding Grenadier with $100 million of initial capital. After two years of searching for the right play, Grenadier formed a strategic partnership with a local shallow gas producer in Wetzel County, WV in April 2009. The company then pursued a lease and drill strategy for the gas-rich Marcellus Shale in that emerging play. Grenadier built up that acreage position, drilled 10 wells, and sold its Appalachian Basin position to the Norwegian national company Statoil USA Onshore Properties Inc. in December 2012. Grenadier continued its partnership with EnCap Investments and Kayne Anderson on July 30, 2012, forming Grenadier Energy Partners II with a funding commitment with EnCap, Kayne Anderson, and management of $340 million. These funds were earmarked for new ventures with an emphasis on “liquids-rich” assets. That goal was met in November 2016 when Grenadier signed a development agreement with a large independent in Howard County in the Midland Basin. Over the course of four years, the original acreage position in Howard County was expanded to over 20,000 net acres. Grenadier drilled 37 horizontal wells and in doing so expanded the Wolfcamp A and Lower Spraberry shale plays further north and east in Howard County than had previously been done, proving economic viability for a part of the county that had been considered, at one point, out of the play. Grenadier sold most of its Howard County assets to Moss Creek Resources (Surge Energy) in March 2021. Another portion of the position had previously been sold to Laredo Petroleum in October 2020. Since the sale of the Permian assets, the Grenadier Management Team has partnered once again with EnCap Investments to launch Grenadier Energy Partners III in June 2021 with an initial funding commitment of $350 million. CONTACT PRIVACY POLICY SITE MAP 281-907-4120 © 2021 Grenadier Energy Partners III LLC. All Rights Reserved. 24 Waterway Ave Suite 875, The Woodlands, Texas 77380