[Context: Kayne Anderson-backed funds put $300m into Sabinal Energy. Execs hail from Devon Energy and Lewis Energy.]

Sabinal Energy, LLC Receives $300 Million Equity Commitment from Kayne Private Energy Income Fund

THE WOODLANDS, Texas–July 18, 2016 –(BUSINESS WIRE)–Sabinal Energy, LLC (“Sabinal” or the “Company”), an independent oil and natural gas company headquartered in The Woodlands, Texas, is pleased to announce that the Company has received a $300 million equity commitment from Kayne Private Energy Income Fund, L.P. (“Kayne” or the “Fund”) and members of the management team.

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