Amistad Energy Partners LLC received $150 million in equity from Kayne Anderson Energy Funds, Kayne Anderson Capital Advisors said July 7. Amistad’s management team contributed to the commitment, Kayne Anderson added.

Houston-based Amistad is a new E&P company focused on North American oil and natural gas asset acquisition and development.

Management is led by Bryant Chapman, president and CEO; Paul Bradley, senior vice president and CFO; Roger Reddin, senior vice president of production; and Chris Harder, senior vice president of drilling and completion.

The founders previously worked together in the North American gas business unit at BP Plc (BP), focused on the Midcontinent and Permian Basin. They have more than 130 years’ experience in industry across North America.

“I am pleased to be working with this highly capable team once again and we are very excited to be partnering and working with Kayne Anderson who has a track record of supporting successful startup E&P companies,” said Chapman.