Elevation Resources LLC is a Midland-based independent energy company founded in 2013 with a focus on the acquisition and development of unconventional oil and gas resources in the Permian Basin. The company has secured significant capital, with a $423 million line of equity from a syndicate of investors led by Pine Brook Road Partners, and a borrowing base credit facility led by Wells Fargo Bank, N.A. Elevation Resources has amassed approximately 35,000 net acres prospective for the Wolfcamp, Bone Spring, Devonian, and Delaware sands in the United States. The company's last investment round was a $400.00M Private Equity Round led by Pine Brook Partners on 12 April 2013. The company operates in the Energy and Oil and Gas industries.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Private Equity Round | $400.00M | 1 |
|
12 Apr 2013 |
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