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Austin, TexasEnergy40 employees
4 sources · checked 3 times, last 1h ago
Developing: it holds up against its sources so far, and firms up as more reporting lands.
The sources describe this as a senior secured financing; Cibolo is the financing counterparty, not an equity investor, so it is excluded from investor lists. No valuation or larger financing total is stated.
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Funding round | $47.5M | ~ 2026-10-06 | not stated | 4 outlets. #91 in Trending |
4 sources · checked 3 times, last 1h ago [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 4 sources The sources describe this as a senior secured financing; Cibolo is the financing counterparty, not an equity investor, so it is excluded from investor lists. No valuation or larger financing total is stated. [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]4 pages read: finance.yahoo.com, citybiz.co, indexbox.io·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]confirmedchecked against 4 sources·[ AGENT ]company research by the Firecrawl agent | ||||
| EARLIER ROUNDS FROM COMPANY RESEARCH · DEVELOPING | ||||
| Control investment | $10.0 million | 2023-11-13 | Acacia Research Corporation | |
Benchmark Energy II is a private oil-and-gas company that acquires, produces, and develops operated oil-and-gas assets in the Anadarko Basin.
Benchmark matters because it is assembling a substantial Western Anadarko operator around mature, low-decline assets: its latest company release reports more than 150,000 net acres producing more than 8,700 barrels of oil equivalent per day, while its 2024 acquisition added about 140,000 net acres and approximately 470 operated wells. The latest bet is up to $47.5 million of senior-secured financing from Cibolo Energy Partners to accelerate a multi-well development program across that acreage.
Checked against 12 sources today
None named.
Also named as backers in company research: Acacia Research Corporation, McArron Partners, L.P., Cibolo Energy Partners, LLC