Company History

We were founded in 2014 by our executive team led by Jon L. Glass, our President and Chief Executive Officer, and EnCap Energy Capital Fund IX, L.P.(“EnCap”), a leading provider of private equity to the U.S. oil and gas industry.  Our strategy involves focusing on oil weighted projects and having operational control of these projects Moreover, we tend to concentrate on basins and geological zones where we have particular expertise and we have grown through both leasing efforts and acquisitions.

Prior to forming Cinco Oil & Gas, LLC. (“COG”), members of our executive team managed the operations of Cinco Resources, Inc., from its founding in 2002 through August of 2015.  Cinco resources, Inc. was active in several onshore basins and completed the following notable transactions:

  • In November of 2014, Cinco Resources, Inc. sold properties consisting of approximately 10,000 net acres with 22 producing wells for $340 million to Atlas Resource Partners, L.P. and Atlas Energy, L.P. E&P development subsidiary.  These assets were located in the oil window of the Eagle Ford Shale.
  • ·         In March 2013, Cinco Resources, Inc. sold properties consisting of 2,700 net acres, that were producing approximately 1,620 BOED for December 2012, for $117.5 million to affiliates of Aurora Oil & Gas Limited.

  •  In December 2012, Cinco Resources, Inc. entered a joint venture drilling partnership with affiliates of the global investment firm Kohlberg-Kravis-Roberts & Co. L.P. (together with its affiliates, "KKR"). This partnership allowed KKR to participate in the development of our Eagle Ford Shale acreage and recognize strong returns on the exit.