HOUSTON, October 28, 2025–EnCap Investments L.P. (“EnCap” or the “Firm”) announced today that it has successfully closed a continuation vehicle (the “Continuation Vehicle”) transaction for PennEnergy Resources, LLC (“PennEnergy” or the “Company”) with aggregate capital commitments of over $2.0 billion. The Continuation Vehicle, managed by EnCap, is anchored by funds affiliated with Andros Capital Partners LLC and the Vintage Strategies at Goldman Sachs Alternatives. The Continuation Vehicle als