Pearl Energy Investments, a Dallas-based investment firm, has made an equity commitment to Swordfish Energy Holdings LLC.

Swordfish is a Houston-based production company focused on acquiring and developing assets in the Permian Basin. The company seeks to grow through a combination of asset acquisitions, farm-ins, joint ventures and development partnerships targeting operated and non-operated leasehold and mineral interests.

“We look forward to leveraging our technical and operational expertise combined with Pearl’s financial strength and opportunistic investment style to move quickly and capture high quality producing assets and undeveloped horizontal acreage,” comments Marcos Briceno, CEO of Swordfish.

Vinson & Elkins LLP served as legal advisor to Swordfish and Sidley Austin LLP served as legal advisor to Pearl in connection with the formation of Swordfish.