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.