INTEGRATING PEOPLE, CULTURE, AND TECHNOLOGY TO MAXIMIZE UINTA BASIN'S POTENTIAL FOR ALL STAKEHOLDERS.

XCL Leadership

  • GRAY LISENBY

    CHIEF EXECUTIVE OFFICER

  • BLAKE MCKENNA

    PRESIDENT & CHIEF OPERATING OFFICER

  • ERIC MATUS

    CHIEF TECHNICAL OFFICER

STRONG PARTNERSHIPS

XCL’s partnership with EnCap began in 2018, with EnCap providing the majority of the financial backing for all of XCL’s investments to date.

EnCap Investments’ ongoing story begins in 1988 when the firm was established by founders David B. Miller, Gary R. Petersen, D. Martin Phillips and Robert L. Zorich. Since then, EnCap has built 30-plus-year track record of successfully identifying economic investment opportunities in evolving markets. To date, EnCap has raised 24 institutional funds and more than $40 billion in capital commitments.

XCL’s relationship with Rice Investment Group began at Rice Energy, where founding members of XCL migrated following Rice Energy’s successful sale to EQT in fall of 2017. Rice Investment Group has been a key investor and a strategic partner with XCL since 2018.

Rice Investment Group (RIG) is a $200mm multi-strategy fund investing in all energy sector verticals, focusing on partnering where our operational, technical, and strategic experience add value.