Tall City Exploration II Receives $300 Million Equity Commitment from Denham Capital

Successful Midland-based team to pursue new opportunities across Permian Basin following $1.2 billion of asset sales during 2014 and 2015

MIDLAND, Texas–May 24, 2016–(BUSINESS WIRE)–Tall City Exploration II LLC (Tall City II) announced today that it has closed on a $300 million equity commitment from leading energy and resources-focused global private equity firm Denham Capital. The investment follows the sale of exploration and production assets by Tall City Exploration LLC, also a Denham backed company, for more than $1.2 billion between November 2014 and November 2015.

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