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Endurance Energy Ltd.

Stage: Growth

Year of Investment: 2012

Endurance Energy Ltd. is a Calgary, Alberta-based early-stage exploration and production company formed in 2008 focused on the acquisition and development of natural gas assets in Canada. The company’s strategy is to utilize advanced drilling and completion technologies in previously under-exploited natural gas plays in Alberta and British Columbia. The management team is led by CEO Dennis Lawrence, who has two decades of experience at previously successful companies, including Focus Energy Trust and Renaissance Energy Ltd. Warburg Pincus led the recapitalization of, and extended a line of equity to, Endurance in February 2012. In June 2013, Warburg Pincus increased its commitment to the company in connection with the completion of a large asset acquisition.

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