Latest Natural Gas Partners Stories

2014-06-19 16:22:41

DALLAS, June 19, 2014 /PRNewswire/ -- The management team of Oilfield Water Logistics, LLC (OWL) has partnered with NGP Natural Resources X, L.P. and NGP Energy Technology Partners II, L.P. as equity sponsors. OWL is a new company formed to acquire, develop, and manage water-related and other oilfield fluids infrastructure and services in the energy industry. "We are excited to partner with NGP and form OWL to consolidate best-in-class oilfield water operations and provide dependable...

2009-09-08 10:36:00

TULSA, Okla., Sept. 8 /PRNewswire/ -- BlueStone Natural Resources, LLC ("BlueStone") recently added three banks to its existing credit facility. Comerica Bank, Compass Bank and Wells Fargo recently entered the $150 Million facility that is led by Bank of America. BlueStone was formed in 2006, utilizing funds from the management team and Natural Gas Partners. Since formation, BlueStone has consummated 60 transactions creating a property set largely focused in South Texas. BlueStone...

2008-04-10 15:01:00

Paul Prager, CEO of Beowulf Energy, and Natural Gas Partners ("NGP"), the leading investment franchise in the energy industry, have closed the previously announced acquisition of generating assets from the City of Vernon (California). The transaction, which is the third power transaction completed by Beowulf and NGP, follows on the acquisition of Bicent Holdings in July 2007 and the sale of Mountain View wind farm to AES in March 2008. The Beowulf/NGP partnership has completed...

2008-03-03 12:00:53

Natural Gas Partners today announced the final closing of Natural Gas Partners IX, L.P. with total commitments of $4 billion. The fund will continue Natural Gas Partners' 20 year history as the premier provider of capital and sponsorship to the energy industry. Founded in 1988, the Natural Gas Partners private equity fund complex has managed more than $7 billion of cumulative capital and made investments in over 130 companies in the oil and gas production, oilfield service, mid-stream...

2007-11-09 06:00:58

By Anonymous Natural Gas Partners, the leading private equity firm in the energy industry, announced that Ray Davis has joined the firm as a Venture Partner. In August 2007, Davis retired as Co-Chairman and Co- CEO of Energy Transfer Partners, L.P., a portfolio company of Natural Gas Partners. Davis and his partner Kelcy Warren, built ETP into a leading natural gas gathering, transmission and processing company. He previously served as a director of Crosstex Energy, Inc. and from 1993-96...

2007-07-10 15:15:52

Bicent Power LLC (fka Montana Acquisition Company LLC), a new company formed by energy industry executive Paul Prager and Natural Gas Partners VIII, LP., today announced that it has completed its previously announced acquisition of the domestic independent power production business unit of MDU Resources Group, Inc. (NYSE: MDU). The transaction is valued at $636 million. The acquired business consists of Centennial Power, Inc. and Colorado Energy Management, LLC. Centennial Power's...

Word of the Day
  • A gigantic fictional humanoid alien god being described with a head resembling an octopus and dragon wings and claws, around whom an insane cult developed.
  • Pertaining to the mythos of Cthulhu and additional otherworldly beings created by H. P. Lovecraft or inspired by his writings and imitators.
This word was invented in 1926 by H.P. Lovecraft for his short story, 'The Call of Cthulhu.' 'Cthulhu' may be based on the word 'chthonic,' which in Greek mythology refers to the underworld.