Fort Worth, Texas

Went public 03/09/01 at $14 per share

Filing Range: 7.15 million shares at $13 to $15

Offering Size: $100.1 million

Post Offering Valuation: $420.42 million

Shares Outstanding: 30.03 million shares

Underwriters: Goldman, Sachs & Co./Credit Suisse First Boston/Dain Rauscher Wessels/Petrie Parkman & Co.

Company Counsel: Kelly Hart & Hallman

Manager Counsel: Baker Botts LLP

Auditor: Arthur Andersen LLP

The Company:

Encore Acquisition is an independent oil and natural gas company engaged in the acquisition, development and exploitation of reserves located in the Williston Basin of Montana and North Dakota, the Permian Basin of Texas and New Mexico, and the Anadarko Basin of Oklahoma.

Venture Backers:

Warburg, Pincus & Co. LLC

First Union Capital Partners

Natural Gas Partners

Financing Rounds:

Number of Round Amt.

Round # Round Date Stage Investors ($ thousands)

1 08/01/1998 4 Buyout/Acq. 5000.0

2 04/01/1999 2 Buyout/Acq. 37757.0


(Data in $ millions except EPS)



Total Revenues: $108.9

Net Income: (2.1)

EPS: ($5.81)