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Last updated on April 23, 2014 at 13:35 EDT

Latest Northstar Offshore Group LLC Stories

2013-01-15 16:21:23

HOUSTON, Jan. 15, 2013 /PRNewswire/ -- Northstar Offshore Group, LLC ("NOG") - a portfolio company of Natural Gas Partners ("NGP") - today announced it has significantly increased both its equity as well as its borrowing capacity, while adding additional drilling interests stemming from recent acquisitions. Northstar is preparing for an aggressive development program in 2013 and the first half of 2014. First, NOG nearly doubled its funded equity to $205 million, as NGP upsized its equity...

2012-10-18 11:22:12

HOUSTON, Oct. 18, 2012 /PRNewswire/ -- Northstar Offshore Group, LLC ("NOG") - a portfolio company of Natural Gas Partners ("NGP") - today announced the completion of two shallow water acquisitions in the Gulf of Mexico from private sellers, for a combined total of $160 million. On October 11, 2012, Northstar acquired the Creole field, located in West Cameron Blocks 2 and 3 in the shallow state waters of Louisiana. On October 16, 2012, Northstar acquired a group of shallow water properties...

2012-04-11 06:22:00

HOUSTON, April 11, 2012 /PRNewswire/ -- Northstar, a portfolio company of Natural Gas Partners (NGP), today announced it had created and capitalized a new company called Northstar Offshore Group, LLC, and, effective February 1, 2012, has entered into letters of intent to acquire producing assets in the Gulf of Mexico shelf and begin drilling. This is the third such company launched by the Northstar management team, which has reconstituted once again to lead the new venture. Northstar's...