Caliber Resource Partners | CRP XII

Background

Caliber Resource Partners, operating through its affiliate CRP XII, is an upstream energy investment firm specializing in non-operated energy investments. Since its inception in 2018, the company has redefined non-operated energy investment by employing a data-driven approach tested across various commodity cycles. Caliber's mission is to achieve long-term growth and positive cash flow by partnering with leading oil and gas companies across all active basins in the United States. The firm's vision emphasizes production growth and diversity, positioning itself as a significant player in the oil and gas industry.

Key Strategic Focus

Caliber Resource Partners focuses on acquiring well-bore-only rights in non-operated wells, partnering with top-tier operators in prolific basins. The company is basin and hydrocarbon agnostic, allowing flexibility in investment opportunities. Its core objectives include quick evaluations and rapid closings, even for deals with short timelines. Caliber's strategic focus is supported by its affiliates: CRP XII, CRP XII Minerals, Jamestown Resources, Larchmont Resources, Pelican Energy, and Atascosa NonOp WI II, LLC.

Financials and Funding

Caliber Resource Partners is well-capitalized, with strong banking relationships and top-tier capital support from its equity sponsor, Quantum Energy Partners. The company's revenue is estimated to be between $1 million and $10 million, with an employee count ranging from 11 to 50.

Pipeline Development

Caliber has invested in non-operated Authorization for Expenditure (AFE) projects, drilling initiatives, and Producing Developed Producing (PDP) oil and gas wells since 2019. The company partners with leading operators in various basins, including the Williston, Powder River, Denver-Julesberg, Anadarko, Permian, Eagle Ford, Haynesville, Appalachian, and Uinta Basins. This diversified approach allows Caliber to maintain a robust pipeline of development projects.

Technological Platform and Innovation

Caliber employs a data-driven approach to evaluate investment opportunities, leveraging proprietary data aggregated over years of ownership and evaluation throughout the lower 48 states. This methodology enables the company to quickly assess and act on potential investments, setting it apart in the industry.

Leadership Team

Shilpa Abbitt: Chief Executive Officer

Ryan Askew: Chief Financial Officer

Justin Wheeler: Vice President - Engineering

David Wheelis: Vice President - Land & Business Development

Brenton McCullough: Vice President - Geoscience

Alyssa Terrell: Accounting Manager

The leadership team comprises industry veterans with diverse experience in engineering, geology, finance, and business development, collectively driving the company's strategic initiatives.

Competitor Profile

Market Insights and Dynamics

The non-operated energy investment sector is characterized by partnerships with leading operators, data-driven decision-making, and rapid deal execution. Companies in this space focus on acquiring working interests in non-operated wells, emphasizing quick evaluations and closings.

Competitor Analysis

Caliber's competitors include firms specializing in non-operated energy investments and private equity-backed energy ventures. While specific competitors are not detailed in the available information, companies with similar investment strategies and operational models pose competition in this sector.

Strategic Collaborations and Partnerships

Caliber's strategic partnership with Quantum Energy Partners provides substantial capital support, enabling the company to pursue diverse investment opportunities. Additionally, Caliber collaborates with top-tier oil and gas operators across various basins, enhancing its market position and operational capabilities.

Operational Insights

Caliber's data-driven approach, combined with its ability to execute quick evaluations and closings, offers a competitive advantage in the non-operated energy investment sector. The company's basin and hydrocarbon agnostic strategy allows it to adapt to market dynamics and capitalize on diverse opportunities.

Strategic Opportunities and Future Directions

Caliber aims to continue its growth trajectory by leveraging its data-driven methodology and strong capital support to identify and invest in high-potential non-operated energy assets. The company's focus on rapid deal execution and partnerships with leading operators positions it well to capitalize on emerging opportunities in the energy sector.