Renewed Focus, Expanding Opportunities
Endurance Resources III, LLC is an oil and gas exploration and production enterprise focused on the Delaware Basin and Central Basin platform. The Endurance team combines technical leadership, financial sophistication, broad industry experience, and local expertise in developing multiple horizontal oil horizons across Southeastern New Mexico and West Texas. Endurance I and II assembled and delineated over 30,000 surface acres and 100,000 bench acres in the Delaware Basin and exited those assets to top tier operators Concho Resources and Atlantic Resources, respectively. During that time, Endurance operated 33 Horizontal wells and participated in an additional 18 wells. Operated production grew from 400 BOE/D to over 7500 BOE/D with operating margins on par with the top quartile Public companies in the Permian. Endurance completed some of the most prolific horizontal wells in the Delaware basin, in 7 separate benches, with many over 1 Million BOE Estimated Ultimate Recovery (EUR). Don Ritter, CEO of Endurance I, II, and III returns with key technical and financial leadership from Endurance I and II, and additional resources with extensive Permain experience to position Endurance III as a premier operator in the Permian Basin.