Bold Energy III, LLC is a Midland, Texas-based independent oil and gas acquisition and development company focused on acquiring and exploiting oil and gas reserves in the Delaware and Permian Basins of Southeast New Mexico and West Texas. It is jointly funded by its Management Team and EnCap Investments Capital Fund IX, based in Austin, Texas and is supported operationally by Earthstone Energy, Inc., based in The Woodlands, Texas. Bold Energy III seeks to develop and acquire oil