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West-Texas-rooted EnCore Permian is backed by a large private capital firm with over $8 billion in assets. J. D. Smith (Big Spring, Texas) and Josh Lorenz (Midland, Texas) founded EnCore Permian as a successor to PetroLima, LLC. Expanding on the former company’s leasehold and mineral acquisition strategies, the new endeavor has grown into an upstream exploration and production firm.

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