A privately-held, Houston-based
energy Firm
Alamo Resources is a privately-held, Houston-based energy concern; focused primarily on the exploitation and development of North American oil and gas properties – utilizing modern technology to improve results in already proven hydrocarbon systems.
Current Focus
The current focus of Alamo Resources Operating IV, LLC is centered on non-operated working interest investments in upstream oil & natural gas projects in premier North American basins with superior operators. The firm is a partner with Pontem Energy Capital in its recently closed Pontem Energy Non-Op Fund I (“the Fund”), with $250 Million in equity commitments to pursue its non-op strategy. The Fund currently owns assets (with planned additional development) in:
-Permian Basin of West Texas
-Eagle Ford Play in Central Texas
-San Juan Basin in New Mexico
-North Slope of Alaska (Overriding Royalty Interests)
The company remains active in evaluating potential additional projects for the Fund.
Company History
Originally formed in 2004, Alamo Resources LLC’s initial project consisted of a $70 Million acquisition in a non operated position on the Gulf of Mexico Shelf. Managed as a yield vehicle, the investment ultimately distributed $175 Million to its investors; averaging 14% annual cash-on-cash returns over the life of the project.
Alamo Resources II & III, LLC were Kayne Anderson portfolio companies:
-Alamo II operated and re-developed approximately 11,000 acres of shallow oil production in southeast New Mexico. The team quadrupled production on the properties, while reducing operating expenses by 50%. The assets were sold in 2016.
-Alamo III focused on non-operated wellbore opportunities in the Permian Basin. Kayne Anderson closed its private equity fund, of which Alamo III was a part, in late 2021.
Pontem Energy Capital Announces Final Closing of NonOp Fund I
with $250 million of Commitments
Our Professional Team
The management team at Alamo Resources has extensive experience as both an operator and non-operating partner in numerous North American Basins (including Canada and the offshore Gulf of Mexico). The team’s expertise covers the gamut of all the upstream disciplines including engineering, geology, land, and finance. The team’s extensive industry experience and contacts create access to deal flow outside of marketed opportunities; and provides the ability to partner with top-flight organizations in the heart of the best resource plays in North America.
Tony Pelletier
− Exec. VP / COO PetroCorp Inc.
− VP Cabot Oil & Gas Corp.; Exxon
− BS Mech. Engr., M. Engr.
- Civil Engr.:
Texas A&M University
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Carl Campbell
− President Concorde Resources
− BBA Finance with Emphasis in Energy Management:
Univ. of Oklahoma
− Past President AAPL
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Spencer Stasney
− Co-Founder Lift Energy Partners; Vice President BBVA Compass Energy Banking
− BA Economics: Vanderbilt University
− MBA: University of Texas at Austin
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Mark Mahlow
− Director at CIBC Capital Markets; XTO Energy
− BS Petroleum Engineering: Texas A&M University
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