About
Double Eagle Energy Holdings IV, LLC is an independent oil and natural gas company focused on development and production throughout the Permian Basin. Headquartered in Fort Worth, Texas, Double Eagle IV was formed in 2022 by the same management team that successfully led its predecessor companies The company was formed with over $1.7 billion of equity capital commitments from EnCap Investments L.P. ("EnCap"), Apollo Natural Resources ("Apollo"), Magnetar Capital ("Magnetar"), Double Eagle Management ("Management"), and other strategic institutional investors.
The formation of Double Eagle IV follows the successful sale of DoublePoint Energy, LLC’s assets to Pioneer Natural Resources (NYSE: PXD) in May, 2021 for $6.4 billion. DoublePoint was formed through a partnership with Apollo, Magnetar, Quantum Energy Partners and GSO Capital partners in 2018.
DoublePoint Energy was preceded by the sale of Double Eagle Holdings II, LLC to Parsley Energy in 2017 for $2.8 billion.
The Double Eagle family of companies has been one of the largest independent acquirers of oil and gas leasehold interests and royalties across multiple basins since 2008. Having completed tens of thousands of transactions across Texas, the Rockies, and the Mid-Continent, the company has earned the reputation of being the premier land acquisition company throughout the lower 48. With a strong history of operation success, Double Eagle continues to combine its best in class technical and operational teams to further expand its footprint and pursue larger and more extensive development projects throughout the Permian Basin.
Proud Permian Producer
Double Eagle is committed to profitably growing production and cash flow on our 95,000+ net acres in the heart of the Midland Basin
Areas of Interest
Team
-
Cody C. Campbell
Co-CEO and Co-Founder
View Full BioCody Campbell is Co-Chief Executive Officer of Double Eagle Energy Holdings IV LLC, a partnership formed with Apollo Global Management and co-founder of Double Eagle Development.
Campbell began his business career as a student at Texas Tech University, where he and John Sellers founded a successful commercial real estate development firm. He graduated with honors with a Bachelor’s in finance and economics and a master’s in finance. After graduation, he played offensive guard for the Indianapolis Colts.
Campbell is a member of YPO (Young Presidents’ Organization), serves on the Advisory Council for the Rawls College of Business at Texas Tech and serves as a Board Member of the Texas Higher Education Coordinating Board. He lives in Fort Worth with his wife and four children.
-
John A. Sellers
Co-CEO and Co-Founder
View Full BioJohn Sellers is Co-Chief Executive Officer of Double Eagle Energy Holdings IV LLC, a partnership formed with Apollo Global Management and co-founder of Double Eagle Development.
While majoring in economics at Texas Tech University, Sellers teamed up with Campbell to form a successful real estate development firm that was responsible for numerous residential and commercial projects in Texas and Kansas. In addition to his real estate and oil and gas pursuits, Sellers has been involved in a fourth-generation, family-owned cattle business.
Sellers lives in Fort Worth with his wife and three children.
-
Blake A. Carpenter
CCO
View Full BioBlake Carpenter is Chief Commercial Officer of Double Eagle Energy Holdings IV, LLC and Tumbleweed Royalty IV, LLC. He previously served as Chief Commercial Officer and Chief Operating Officer of the predecessor Double Eagle entities. He also serves as Chief Financial Officer of Double Eagle Natural Resources, LP, joining the company soon after its inception in 2010. Carpenter holds a Bachelor's degree and a Master's degree from the Rawls College of Business at Texas Tech University. Prior to joining the team at Double Eagle, he worked for the real estate development company founded by Campbell and Sellers in Lubbock, Texas.
Carpenter lives in Fort Worth with his wife and three children.
-
Joshua A. Gregg
CFO
View Full BioMr. Gregg is Chief Financial Officer of Double Eagle Energy Holdings IV LLC, an oil and gas company based in Fort Worth, Texas. Before joining Double Eagle, Mr. Gregg was a Principal at Apollo Global Management. At Apollo, he focused on direct investments in the oil and gas space.
Previously, Mr. Gregg was a member of the mergers and acquisitions group at Nomura in Sydney, Australia. He began his career as a member of the leveraged finance group at Lehman Brothers in New York. Mr. Gregg graduated from Dartmouth College with an A.B. in Earth Science and received his MBA from Harvard Business School.
-
Garrett Martin
COO
View Full BioGarrett Martin is Executive Vice President, Chief Operating Officer of Double Eagle Energy Holdings IV LLC. Mr. Martin has been with Double Eagle since 2013 and previously served in the same role at Double Eagle III. Since joining the team, he has held various roles of increasing responsibility, including Senior Vice President of Engineering & Planning at DE II and reservoir lead at DE I.
Prior to joining Double Eagle, Mr. Martin was employed in several operational and technical roles for Concho Resources Inc. and Devon Energy Corporation, where he focused on vertical and horizontal development of unconventional assets in the Permian Basin and East Texas.
Mr. Martin graduated with a Bachelor of Science in Petroleum Engineering from Texas A&M University. He is a member of the Society of Petroleum Engineers and Fort Worth Wildcatters. Garrett lives in Fort Worth with his wife and four children.
News
- June 17, 2022 – ENCAP INVESTMENTS, L.P. AND DOUBLE EAGLE ENERGY ANNOUNCE FORMATION OF DOUBLE EAGLE ENERGY HOLDINGS IV WITH OVER $1.7 BILLION OF EQUITY COMMITTED
- April 5, 2021 – Double Eagle Announces $6.4 Billion Divestiture in the Midland Basin
- December 1, 2020 – Double Eagle Announces $650 Million Private Placement of 7.75% Senior Notes Due 2025
- April 6, 2020 – Doublepoint Energy and Double Eagle Energy Holdings announce upsized borrowing base commitment alongside existing equity commitment for investment in oil & gas assets in the Permian Basin
- June 5, 2018 – Double Eagle Energy Holdings III LLC and FourPoint Energy announce formation of DoublePoint Energy
- February 5, 2018 – Double Eagle Energy Holdings III secures more than $1.0 billion of equity commitments
- August 21, 2017 – Apollo Natural Resources Partners II and Double Eagle Development Announce Formation of Double Eagle Energy Holdings III
- February 6, 2017 – Parsley Energy announces consolidating Midland Basin acquisition, revises 2017 capital program and operating guidance, and provides updates on 4Q16 operations, year-end 2016 reserves, and recent hedging activity
- October 3, 2016 – 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
- November 14, 2016 – Double Eagle Announces Strategic Partnership
- October 3, 2016 – 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
- October 8, 2015 – Double Eagle’s Cody Campbell and John Sellers honored as Rising Stars in 30 Under 40
- November 19, 2014 – Apollo Natural Resources Partners and Double Eagle Energy Announce Formation of Double Eagle Energy II – Partnership Focused on Oklahoma, Permian, Eagle Ford and Rockies Opportunities
- November 12, 2014 – Double Eagle Energy Announces the Sale of the Companies SCOOP and Ardmore Assets to American Energy – NonOp LLC
- January 28, 2014 – Apollo Global Management and Double Eagle Energy Announce Strategic Partnership to Invest in Oil and Gas Assets – Partnership Expanded to Include Permian, Eagle Ford and Rockies Opportunities
- April 24, 2013 – Apollo Global Management and Double Eagle Energy Announce Strategic Partnership to Invest in Oil and Gas Assets – Partnership Focused on Anadarko and Ardmore Basin Opportunities
Contact
3724 Hulen Street
Fort Worth, TX 76107
P 817-928-3260
F 817-549-3379
508 W. Wall St., Suite 1250
Midland, TX 79701
P 432-242-4368
F 432-225-1009
DE4 Operating Field Office
3406 SCR 1178
Midland TX, 79706
P 432-203-3040
General Inquiries: info@deeh.com
Career Opportunities: careers@depermian.com
Owner Relations FAQs