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Covalence Investment Partners

Dedicated to traditional energy investments, employs a demonstrated strategy aligning partners and assets in an effort to achieve optimal success.


A Differentiated Strategy for Traditional Energy Investing

About Covalence Investment Partners

Covalence Investment Partners was founded by David Habachy and David Krieger in 2023 and is headquartered in Houston, Texas.

The Firm was established to invest in the traditional energy sector, which Covalence believes is at an inflection point.

Covalence Investment Partners will seek to apply a disciplined approach to acquiring assets and implementing an operationally intensive method to managing the assets in which it invests as they have done together since 2017. They blend a range of complementary financial skills and a foundation of technical and operational expertise.

Their overall experience in O&G operations includes investments in and providing oversight to assets in many O&G basins in North America.

Covalence Investment Partners

Investment Strategy

Covalence Investment Partners seeks to target what it believes are mature, attractive assets.

The initial focus lies on properties meeting specific criteria, including situations where the principals possess firsthand experience. The emphasis is on properties that we believe have a high likelihood of completing a transaction, primarily featuring proved, developed, and producing wells as the predominant assets.

The approach is commodity-agnostic, but attention is directed towards commodity price differentials and access to end markets.

COVALENCE INVESTMENT PARTNERS

Execution

Extensive Experience

Knowledge of asset quality across basins and geologies

Proprietary Network

Offers ability to source and transact on potentially attractive assets

Mergers & Acquisitions

Experience with pricing and M&A transactions

Environmental Stewardship

Covalence Investment Partners aims to conform with best practices in environmental and sustainability stewardship

1. Timely monitoring of methane emission

2. Minimize flaring

3. Create programs to anticipate and minimize leaks where possible

1. Closed system production of piping as much oil, gas, and water as commercially possible to minimize trucking, venting, and/or flaring

2. Utilize chemicals appropriately and sustainably where possible

3. Reclaim abandoned wells/properties in a timely and proper manner

1. Influence, adopt, and adhere to industry standards for reporting and regulations

2. Work closely with reputable peers and third-party ESG firms for continual learning and adoption of industry-standard practices

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