Warburg Pincus Earmarks $300 Million for New Permian E&P
Ridge Runner Resources, LLC is a new E&P focused on the Delaware Basin The new company has received a line of equity financing of up to $300 million from funds affiliated with Warburg Pincus. The company will be led by CEO Scott Germann, an Exxon-trained geologist with more than 20 years of financial and operational experience in the Permian Basin.