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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)

Nissa Darbonne

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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LLOG Exploration Company LLC published this content on July 24, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 24, 2026 at 16:11 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]

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