Five Point Energy Announces the Formation and Funding of WaterBridge Resources with $200 Million Equity Commitment
The Woodlands, TX -
January 6, 2016
Five Point Energy LLC (“Five Point”) today announced the formation and funding of WaterBridge Resources, LLC (“WaterBridge”), with an equity commitment of up to $200 million from Five Point Capital Midstream Fund II L.P. and its affiliates. WaterBridge is focused on developing, acquiring and managing water infrastructure for upstream producers and is currently pursuing brownfield and greenfield development and acquisition opportunities in conventional and emerging resource plays throughout North America.