Pa.-based Oil and Gas Company Formed By EnCap Investments and the Hulburts
Benjamin W. Hulburt and Christopher K. Hulburt formed Eclipse Resources I LP, which is an independent oil and natural gas company based in State College, Pa. The new group is being formed with EnCap Investments LP. EnCap and Eclipse Resources' management are committing $150 million to Eclipse Resources I LP. The Hulberts are former senior executive officers of Rex Energy Corp. (Nasdaq: REXX). Eclipse Resources will acquire, explore and develop unconventional oil and natural gas properties in the Appalachian Basin.
ByEamon
24 January 2011•3 mins read
