Novo Oil & Gas II Receives Equity Capital Commitment from EnCap Investments

OKLAHOMA CITY--(BUSINESS WIRE)--Novo Oil & Gas today announced the launch of Novo Oil & Gas Holdings II, LLC (Novo II) with an equity capital commitment from EnCap Investments. The new upstream energy company will focus on the pursuit of proven, liquids-rich unconventional assets in the Permian Basin, with a particular focus in the Delaware Basin. Novo II intends to pursue both operated and non-operated mineral positions. Led by a team of industry leaders with a proven track record of s