True to its name, through the years
2022
Veritas Permian III, LLC (“VPIII”) was established with capital from its management team and employees in partnership with both Carnelian Energy Capital and Old Ironsides Energy along with select third-party investors. The goal is to pursue non-operated and mineral opportunities in prevalent basins with line-of-sight development while working creatively with high-quality operators and sellers of non-operated interests.
2022
Veritas Permian II, LLC ("VPII") sold significant non-operated assets to Northern Oil and Gas, Inc (NYSE: NOG) for $419.4 million
2018
VPII, a private equity backed company, formed to focus efforts on pursuing non-operated and mineral opportunities within the Midland and Delaware basins
2017
Double Eagle Energy Permian, LLC ("DEEP") merged Permian assets with Parsley Energy for approximately $2.8 billion
2016
Veritas Energy Partners, LLC (“VEP”) merged a substantial Permian position with a Double Eagle subsidiary to create DEEP
2015
Veritas’ subsidiary – VEP, a private equity backed company – directed efforts to the Permian Basin
2011
Veritas Energy, LLC was formed with a focus on grassroots leasing and operating throughout Texas and Oklahoma
