- Blackjack Natural Resources, LLC has announced an equity commitment from Pearl Energy Investments and its management team. - The company is headquartered in Oklahoma City and will focus on upstream investment opportunities in the greater Mid-Continent region. - Founding partners include Jeff Wampler, Andrew Haraway, and Grant Sykes, who have extensive oil and gas experience from their previous roles at 89 Energy. - Andrew Haraway expressed excitement about partnering with Pearl to enhance their investment strategy. - Jeff Wampler noted the current market offers attractive investment opportunities and praised the partnership with Pearl. - Steven Cobb from Pearl highlighted the cohesive team at Blackjack and their unique investment perspective in the region. - Haynes and Boone, LLP acted as legal advisor to Blackjack, while Willkie, Farr and Gallagher, LLP served as legal advisor to Pearl. - Blackjack Natural Resources is focused on upstream investments primarily in the greater Mid-Continent region. - Pearl Energy Investments is a Dallas-based firm with around $3.0 billion in capital commitments, targeting equity investments between $50 million and $150 million.

Blackjack Natural Resources Announces Formation and Equity Commitment from Pearl Energy Investments

Jul 17, 2025 8:30 AM Eastern Daylight Time

OKLAHOMA CITY--(BUSINESS WIRE)--Blackjack Natural Resources, LLC (“Blackjack” or the “Company”), a newly formed upstream oil and gas company, is pleased to announce an equity commitment from Pearl Energy Investments (“Pearl”) and members of the Company’s management team.

Headquartered in Oklahoma City, Blackjack will pursue upstream investment opportunities with a primary focus on the greater Mid-Continent region. Blackjack’s founding partners, Jeff Wampler (Co-CEO), Andrew Haraway (Co-CEO) and Grant Sykes (EVP, Operations) bring a wealth of oil and gas experience, previously working together at 89 Energy and holding executive roles across engineering, finance and operational disciplines.

“We are very excited to partner with Pearl and combine their financial strength and investment acumen with our unique skillset to execute on our strategy,” said Andrew Haraway, Co-CEO of Blackjack.

Jeff Wampler, Co-CEO of Blackjack added, “We believe the current market provides attractive opportunities for investment, and we are thrilled to partner with a premier financial sponsor in Pearl. Our underwriting discipline, technical expertise, and operational track record position us well to capture this opportunity and create value for our investors.”

“Our commitment to Blackjack is underpinned by a cohesive team with a unique view on investing in the Mid-Continent region,” said Steven Cobb, Partner of Pearl. "We’re excited to begin this partnership and pursue a diverse opportunity set with Jeff, Andrew and Grant.”

Haynes and Boone, LLP served as legal advisor to Blackjack and Willkie, Farr and Gallagher, LLP served as legal advisor to Pearl in connection with the formation of Blackjack.

About Blackjack Natural Resources, LLC

Blackjack is an Oklahoma City-based company focused on pursuing upstream investment opportunities with a primary focus on the greater Mid-Continent region. For more information, please visit BlackjackNR.com.

About Pearl Energy Investments

Pearl Energy Investments is a Dallas, Texas-based investment firm with approximately $3.0 billion of cumulative capital commitments. Pearl focuses on partnering with proven management teams to invest in the North American energy sector. The firm typically targets opportunities requiring $50 million to $150 million of equity capital. For additional information, please visit https://www.pearl-energy.com.

Contacts

Company Contact:
info@blackjacknr.com