LLOG Exploration Company LLC

07/24/2026 | Press release | Distributed by Public on 07/24/2026 10:11

Vitol Selling Delaware Basin’s VTX to Carnelian-Backed Verde

ExpandAn oil drilling rig in the Permian Basin. The Permian Basin is a major oil and gas producing area in west Texas and southeastern New Mexico. (Universal Images Group via Getty Images)
July 24, 2026 11:10 AM CDT

Carnelian Energy Capital-backed Verde Operating plans to buy Gene Shepherd-led, southern Delaware Basin-focused VTX Energy Partners, with funding supplemented by EnCap Investments.

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