Ameredev II, LLC
5707 Southwest Parkway Building 1, Suite 275 , Austin, Texas, United States

Ameredev is guided by a balanced technical and commercial perspective, a consistent investment underwriting strategy based on lifecycle rate of return, and a focus on relationships. We rely on disciplined action directed by a well-defined plan to generate outperformance.  Ameredev acquires properties around proven geologic concepts to produce resource development projects with top-tier rates of return. Our team adds value by clearing obstacles to full-field development including infrastructure build-out, regulatory approvals, land agreements, and demonstrating repeatable well performance.

History

SINCE 2015, THE AMEREDEV TEAM HAS EXECUTED ON THE SUCCESSFUL SALE OF AMEREDEV I AND ESTABLISHED AMEREDEV II.

• JANUARY 2015 - Ameredev I, LLC formed by a management team comprised of former employees of Three Rivers Operating Co., Cimarex Energy Co. and Concho Resources, Inc.

• MAY 2015 - Closes on a $250 million capital commitment from EnCap Investments L.P.

• MAY 2015 – FEBRUARY 2017 - Acquires producing properties and undeveloped leaseholds in the southern Delaware Basin and demonstrates the productivity of the Wolfcamp Shale in Ward County with the drilling and completion of multiple long-lateral horizontal wells targeting Wolfcamp A and B.

• FEBRUARY 2017 - Closes on the sale of southern Delaware Basin assets to Callon Petroleum for $633 million.

• MARCH 2017 - Announces the formation of Amerredev II, LLC with a $400 million equity commitment from EnCap Investments L.P. and management.

• 2017 - PRESENT - Focused on the acquisition and development of a resource development project in the northern Delaware Basin.

DISCIPLINED EXECUTION DRIVES OUR TOP-TIER RETURNS. 

Ameredev operates the largest privately held contiguous land position in the northern Delaware Basin. We are constructing in-field infrastructure and utilizing long-lateral development from multiwell pads to generate top-tier returns from our assets.

Midstream Services

Washington Crossing Field Services, LLC (WCFS), an affiliate of Ameredev II, LLC,  has announced plans to construct and operate the Trophy Pipeline, a new FERC-regulated crude oil pipeline to be located in Lea County, New Mexico. The Trophy Pipeline will have the capacity to accept 50,000 barrels per day of crude oil from numerous lease tank batteries and other field receipt points in the northern Delaware Basin. By bidding for capacity on the Trophy Pipeline, producers and marketers can enjoy the option of delivering crude oil through the system to multiple downstream pipelines, providing access to refineries, Cushing and the U.S. Gulf Coast.