EAP Announces $300M Equity Commitment from CPP Investments

Houston, TX – April 22, 2024 – Encino Acquisition Partners, LLC (“EAP”) announces a follow-on equity investment commitment of US$300 million from Canada Pension Plan Investment Board (“CPP Investments”). EAP and CPP Investments anticipate that US$150 million will be funded by the end of April. The investment supports EAP’s accelerated development of the Utica oil play, one of the highest-return oil growth plays in North America.

About Encino Acquisition Partners
Encino Acquisition Partners (“EAP”) is headquartered in Houston, Texas, and is building a world-class oil and gas company with a strong focus on sustainability, a diverse portfolio of assets, and robust full-cycle margins. EAP was formed in 2017 with a commitment from CPP Investments and Encino Energy to focus on driving long-term investor returns by acquiring and developing high-quality assets with an established base of production and a large, low-cost development inventory across the lower 48 states of the United States.

About Platform Partners LLC
Founded in 2006, Platform Partners LLC is a private investment company based in Houston that makes investments in lower middle-market companies with the intent of growing these businesses into industry leaders through a combination of organic and acquisition growth. Platform invests through a perpetual holding company structure allowing for a long-term, patient approach to partnering with entrepreneurs to build companies. The company manages total assets of approximately $950 million. For more information, please visit platformllc.com.