Sabine Oil & Gas LLC is the largest privately held start-up in the industry, created specifically to invest in oil and gas ex ... ploitation opportunities. The company was founded in 2007 through a joint venture of two industry and financial leaders, Nabors Industries Ltd. and First Reserve Corporation. Sabine Oil & Gas LLC actively engages in the acquisition, exploration, development, and production of oil and natural gas. To date, Sabine has invested nearly $1B in strategic business development efforts and an aggressive drilling program. read more