Athlon Energy is an independent exploration and production company focused on unconventional oil and liquids-rich natural gas reserves in the Permian Basin. With a founding management team boasting an average of around 20 years of industry experience and a decade of collaboration, the company has established a solid track record in acquiring, developing, and leveraging oil and natural gas reserves. In August 2010, Athlon partnered with affiliates of Apollo Global Management, LLC (NYSE: APO) to pursue the acquisition and development of long-lived oil and natural gas properties within the onshore United States.
Emphasizing a returns-focused approach, Athlon Energy strategically targeted the Wolfberry play in the Midland Basin due to its favorable operating environment, consistent reservoir quality, long-lived reserve characteristics, and high drilling success rates. The management team aims to enhance property value through the application of extensive operating experience and expertise in exploitation techniques to expand reserves and production via improved recovery methods, low-risk drilling, and operational efficiencies.
The company's mission is to drive sustainable growth in the Midland Basin's energy-rich landscapes by harnessing decades of expertise. Since its founding in 2010, Athlon Energy has been making strides in the energy and oil and gas industries, positioning itself as an attractive prospect for investors seeking opportunities in the sector.
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