| Saber Oil and Gas Ventures, LLC (“Saber Ventures”), a Midland based Permian Basin focused oil and gas acquisition and exploitation company, completed its initial equity fundraising. Saber Ventures was founded by and is lead by the principals of Saber Resources, a historical Eschelon portfolio company sold in 2008. Energy Special Situations Fund II is the lead investor in the financing. Eschelon assisted with this placement and invested in the company. Eschelon Managing Partner Tom Glanville will be an Advisory Director. |
