Holt Foster Mentioned in The Deal on NGP Investment in Teal

“Teal Natural Resources lines up $125 million from NGP, Pearl”

Teal Natural Resources said Tuesday it lined up a $125 million commitment from Natural Gas Partners and Pearl Energy Investments LP to acquire and develop unconventional properties in south Texas’ Eagle Ford shale.

Natural Gas Partners made its $62.5 million investment through NGP Natural Resources XI LP, which raised $5.3 billion in commitments in January 2015.

Winstead PC’s Mike Freeman counseled Teal while Thompson & Knight LLP’s J. Holt Foster III assisted Pearl and NGP.

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