Esperanza and Andros Capital Partners Announce Acquisition of Ursa Princess from ExxonMobil and Formation of Deepwater Gulf of Mexico Joint Venture

HOUSTON–(BUSINESS WIRE)–Esperanza Capital Partners (“Esperanza” or “ECP”) and Andros Capital Partners LLC (“Andros”) today announced the execution of a definitive purchase agreement to acquire Exxon Mobil Corporation’s (“ExxonMobil”) assets in the Ursa and Princess Fields (“Ursa”) and the formation of a strategic joint venture focused on the acquisition and development of upstream and infrastructure assets located in the Deepwater Gulf of Mexico (“Deepwater GOM”). Ursa is located approximatel

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