apollo

APOLLO NATURAL RESOURCES PARTNERS II AND DOUBLE EAGLE DEVELOPMENT ANNOUNCE FORMATION OF DOUBLE EAGLE ENERGY HOLDINGS III

NEW YORK, NY & FORT WORTH, TX – August 21, 2017 – Affiliates of Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) and Double Eagle Development, L.L.C. (“Double Eagle”) announced today that they have expanded their strategic relationship to create Double Eagle Energy Holdings III LLC (“Double Eagle III”). Headquartered in Fort Worth, Texas, Double Eagle III will primarily focus on investing in oil and gas

Funds Affiliated with Apollo Global Management and Post Oak Energy Capital Announce Merger of Double Eagle and Veritas Energy, Forming Premier Midland Basin E&P Operator

Funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) and Post Oak Energy Capital, LP (“Post Oak”) announced today that Double Eagle Lone Star LLC (“Double Eagle”), and Veritas Energy Partners Holdings LLC (“Veritas Energy”) have entered into a definitive merger agreement, creating one of the largest pure play exploration and production companies focused on the Permian’s Midland Basin. Double Eagle was