Azul Resources II Announces Commitment from Carnelian Energy Capital
HOUSTON, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Azul Resources II, LLC (“Azul II”) today announced the closing of an equity commitment from an investment fund managed by Carnelian Energy Capital Management, L.P. (“Carnelian”). Azul II is led by Zach Hart and the entire executive team from its predecessor, Azul Resources, LLC (“Azul I”), which organically built a 10,000 net acre Haynesville Shale position and grew production to more than 250 mmcf/d before selling its assets in January 2026. Azul II will continue ...