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The management team of David Beckwermert, Bill Pollock, Bill Kanters, and Twyla Paget-Turcotte announced the startup of Wild Wind Petroleum Inc. and the closing of an equity financing commitment with Pearl Energy Investments, L.P. and Natural Gas Partners (more)
The United States’ recent oil shale revolution, which has kicked up oil production to help put a global glut of an extra 1 million barrels of oil per day than demand, and that has created some global changes. That will require the U.S. to rethink some if its policies, said Ken Hersh, CEO of NGP Energy Capital Management in the Colorado Oil and Gas Association’s Rocky Mountain Energy Summit in late August (more)
Family, friends and colleagues will gather Friday to celebrate the life of Richard Rainwater, who has been described as the “godfather of private equity.” (more)
The editors of Oil and Gas Investor are pleased to announce the honorees of its annual 30 Under 40 program (more)
America's ban on crude oil exports defies logic and is stuck in the past.
NGP announced that Patrick McWilliams will join the firm as a Managing Director in its Houston office effective immediately (more)
Luxe Energy LLC announced the closing of its private equity financing with $500 million of funding commitments from NGP Natural Resources XI, L.P. (more)
The third of a five part series hosted by OGJ Editor Bob Tippee, “Financial Health of the United States E&P Industry,” features an interview with NGP Energy Capital’s CEO Kenneth Hersh, covers the financial health of the United States E&P industry over the last six months including before the price collapse, after the price collapse, and elements of the transition (more)
The unconventional oil and gas revolution, which has moved the U.S. from being primarily an oil consumer to both producer and consumer, will shape global events for decades as oil scarcity gives way to relative oil abundance, said Ken Hersh, CEO of NGP Energy Capital Management (more)