Double Eagle Energy Holdings III LLC (together with its affiliates and subsidiaries, “Double Eagle,”) principal business is crude oil and natural gas exploration, development and production through horizontal and vertical operations in the Midland Basin of West Texas. Double Eagle is also involved with the acquisition and assemblage of oil and gas leases, working interest, mineral rights and royalty interests throughout the Permian Basin. Double Eagle is headquartered in Fort Worth, Texas, with an additional corporate office and a field office in Midland, Texas. Since forming Double Eagle in 2008, the Company has completed thousands of individual transactions encompassing more than 1 million acres and more than six billion dollars in transaction value.

Over the past 10 years, Double Eagle has been one of the largest, if not the largest, organic acquirers of acreage in the Permian Basin in West Texas, and has also been active across the United States in South Texas (Eagle Ford), the Mid-Continent (Mississippian, SCOOP, Penn Shales) and the Rockies (DJ Basin, Powder River Basin).

In April 2013, Co-CEOs John Sellers and Cody Campbell formed a partnership with an affiliate of a New York-based private equity firm, Apollo Global Management (www.agm.com). This financial backing allowed Double Eagle to further expand its footprint and pursue larger and more extensive development projects.

In February 2017, Double Eagle announced the sale of the Company to Parsley Energy Inc. for $2.8 billion dollars. The deal closed on April 20, 2017.

Most recently in 2018, Double Eagle formed DoublePoint Energy, LLC (“DoublePoint”), and through this new venture has assembled a transformational undeveloped acreage position in the core of the Midland Basin, with decades of high-returning drilling inventory.  DoublePoint is currently running a multi-rig horizontal development program across this large footprint, and as of September 2020 has drilled over 170 horizontal wells.

Double Eagle Development

Proud Permian Producer

Double Eagle is committed to profitably growing production and cash flow on our 95,000+ net acres in the heart of the Midland Basin


Areas of Interest Areas of Interest

  • Cody Campbell

    Cody C. Campbell

    Co-CEO and Co-Founder

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    Cody Campbell is Co-Chief Executive Officer of Double Eagle Energy Holdings III LLC, a partnership formed with Apollo Global Management and co-founder of Double Eagle Development.

    Campbell began his business career as a student at Texas Tech University, where he and John Sellers founded a successful commercial real estate development firm. He graduated with honors with a Bachelor’s in finance and economics and a master’s in finance. After graduation, he played offensive guard for the Indianapolis Colts.

    Campbell is a member of YPO (Young Presidents’ Organization), serves on the Advisory Council for the Rawls College of Business at Texas Tech and serves as a Board Member of the Texas Higher Education Coordinating Board. He lives in Fort Worth with his wife and four children.

  • John A. Sellers

    John A. Sellers

    Co-CEO and Co-Founder

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    John Sellers is Co-Chief Executive Officer of Double Eagle Energy Holdings III LLC, a partnership formed with Apollo Global Management and co-founder of Double Eagle Development.

    While majoring in economics at Texas Tech University, Sellers teamed up with Campbell to form a successful real estate development firm that was responsible for numerous residential and commercial projects in Texas and Kansas. In addition to his real estate and oil and gas pursuits, Sellers has been involved in a fourth-generation, family-owned cattle business.

    Sellers lives in Fort Worth with his wife and three children.

  • Blake Carpenter

    Blake A. Carpenter

    CCO

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    Blake Carpenter is Chief Commercial Officer of Double Eagle Energy Holdings III LLC, and has served in this same capacity at it’s predecessor companies. He also serves as Chief Financial Officer of Double Eagle Development, LLC, joining the company soon after its inception in 2010.

    Carpenter holds a Bachelor’s degree and a Master’s degree from the Rawls College of Business at Texas Tech University. Prior to joining the team at Double Eagle, he worked for the real estate development company founded by Campbell and Sellers in Lubbock, Texas.

    Carpenter lives in Fort Worth with his wife and three children.

  • Joshua Gregg

    Joshua A. Gregg

    CFO

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    Mr. Gregg is Chief Financial Officer of Double Eagle Energy Holdings III LLC (“Double Eagle III”), an oil and gas company based in Fort Worth, Texas. Before joining Double Eagle, Mr. Gregg was a Principal at Apollo Global Management. At Apollo, he focused on direct investments in the oil and gas space.

    Previously, Mr. Gregg was a member of the mergers and acquisitions group at Nomura in Sydney, Australia. He began his career as a member of the leveraged finance group at Lehman Brothers in New York. Mr. Gregg graduated from Dartmouth College with an A.B. in Earth Science and received his MBA from Harvard Business School.

  • Garrett Martin

    Garrett Martin

    COO

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    Garrett Martin is Executive Vice President, Chief Operating Officer of Double Eagle Energy Holdings III LLC. Mr. Martin has been with Double Eagle since 2013, and previously served as Senior Vice President of Engineering & Planning from 2017 until 2020. He previously served in that same role at DE II from 2014 to 2017 and from 2013 to 2014, he served as reservoir lead at DE I.

    Prior to joining the Double Eagle team, Mr. Martin served in several operational and technical roles for Concho Resources Inc. and Devon Energy Corporation, where he focused on vertical and horizontal development of unconventional assets in the Permian Basin and East Texas.

    Mr. Martin graduated with a Bachelor of Science in Petroleum Engineering from Texas A&M University. He is a member of the Society of Petroleum Engineers and Fort Worth Wildcatters. Garrett lives in Fort Worth with his wife and children.


  • April 6, 2020 – Doublepoint Energy and Double Eagle Energy Holdings announce upsized borrowing base commitment alongside existing equity commitment for investment in oil & gas assets in the Permian Basin
  • June 5, 2018 – Double Eagle Energy Holdings III LLC and FourPoint Energy announce formation of DoublePoint Energy
  • February 5, 2018 – Double Eagle Energy Holdings III secures more than $1.0 billion of equity commitments
  • August 21, 2017 – Apollo Natural Resources Partners II and Double Eagle Development Announce Formation of Double Eagle Energy Holdings III
  • February 6, 2017 – Parsley Energy announces consolidating Midland Basin acquisition, revises 2017 capital program and operating guidance, and provides updates on 4Q16 operations, year-end 2016 reserves, and recent hedging activity
  • October 3, 2016 – Funds Affiliated with Apollo Global Management and Post Oak Energy Capital Announce Merger of Double Eagle and Veritas Energy, Forming Premier Midland Basin E&P Operator
  • November 14, 2016 – Double Eagle Announces Strategic Partnership
  • October 3, 2016 – Funds Affiliated with Apollo Global Management and Post Oak Energy Capital Announce Merger of Double Eagle and Veritas Energy, Forming Premier Midland Basin E&P Operator
  • October 8, 2015 – Double Eagle’s Cody Campbell and John Sellers honored as Rising Stars in 30 Under 40
  • November 19, 2014 – Apollo Natural Resources Partners and Double Eagle Energy Announce Formation of Double Eagle Energy II – Partnership Focused on Oklahoma, Permian, Eagle Ford and Rockies Opportunities
  • November 12, 2014 – Double Eagle Energy Announces the Sale of the Companies SCOOP and Ardmore Assets to American Energy – NonOp LLC
  • January 28, 2014 – Apollo Global Management and Double Eagle Energy Announce Strategic Partnership to Invest in Oil and Gas Assets – Partnership Expanded to Include Permian, Eagle Ford and Rockies Opportunities
  • April 24, 2013 – Apollo Global Management and Double Eagle Energy Announce Strategic Partnership to Invest in Oil and Gas Assets – Partnership Focused on Anadarko and Ardmore Basin Opportunities


3724 Hulen Street
Fort Worth, TX 76107
P 817-928-3260
F 817-334-0623

508 W. Wall St., Suite 1250
Midland, TX 79701
P 432-242-4368
F 432-225-1009

DE3 Operating Field Office
3406 SCR 1178
Midland TX, 79706

General Inquiries: info@deeh.com
Career Opportunities: careers@deeh.com

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