Lime Rock Partners has made an equity commitment to Athena Energy Partners, focusing on developing oil and gas assets in the Eagle Ford Shale region.

Information on the Target

Athena Energy Partners, LLC is a Houston-based private company that specializes in the acquisition and development of oil and gas assets, particularly in the renowned Eagle Ford Shale region of South Texas. The firm is led by Stephen Goldfarb, the former CFO of Ensign Natural Resources, alongside a proficient team including Garner Haydell, Jennifer Smith, and Matt Geiser, all of whom possess significant industry experience. Ensign was recognized for its successful operations in the Eagle Ford and was acquired by Marathon Oil in December 2022.

Athena aims to leverage the extensive operational and technical expertise of its leadership to optimize and develop properties situated in the Gulf Coast area. With a focus on the Eagle Ford Shale, the team is strategically positioned to exploit high-potential, risk-adjusted investment opportunities in this lucrative market.

Industry Overview in the Target’s Specific Country

The oil and gas industry in the United States, particularly in Texas, continues to exhibit considerable resilience and growth potential. The Eagle Ford Shale, characterized by its rich resources and advanced extraction technologies, play