News

  • Dec 10, 2010
    Plains All American Pipeline Announces Pending Transfer of Ownership in General Partner and Changes to Board of Directors
    (Houston – December 10, 2010) Plains All American Pipeline, L.P. (NYSE: PAA) today announced that Vulcan Energy Corporation, an affiliate of Vulcan Capital (collectively “Vulcan”) has entered into definitive agreements to sell its 50.1% ownership interest in PAA’s general partner. Vulcan Capital is the private investment group that oversees the portfolio investments of Paul G. ...
  • Jul 06, 2010
    Cliffs Natural Resources Inc. Announces Acquisition of INR Energy, LLC’s West Virginia Coal Operations
    Complementary Metallurgical and Thermal Coal Mining Complex to Increase Cliffs’ TotalGlobal Coal Equity Production Capacity to Nearly 11 Million Tons by 2012 CLEVELAND—July 6, 2010—Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced that it has entered into a definitive agreement to acquire all of the coal operations of privately owned INR Energy, LLC, a ...
  • Jul 06, 2010
    INR Energy, LLC Announces Sale of West Virginia Coal Operations To Cliffs Natural Resources, Inc.
    $757 million acquisition of INR’s assets to be finalized within 60 days Richmond, VA. (July 6, 2010) INR Energy, LLC, (“INR”) www.inrenergy.com a privately held producer and exporter of high-volatility metallurgical and thermal coal, is pleased to announce that it has entered into a definitive agreement to sell its West Virginia coal mining operations to Cliffs Natural Resources Inc. (“Cliffs”) (NYSE: ...
  • Feb 08, 2010
    INR Energy, LLC Announces Metallurgical Coal Shipments to Asia
    RICHMOND, Va.–(BUSINESS WIRE)–INR Energy, LLC (“INR”), a producer of metallurgical coal and high quality thermal coal, announced today that it has shipped its first vessel of Central Appalachian hard coking coal destined for China via a Newport News shipping facility. The Panamax vessel of approximately 72,000 metric tonnes, is the first of multiple shipments of ...
  • Jan 27, 2009
    MarkWest Energy Partners and NGP Midstream & Resources Announce Marcellus Shale Joint Venture
    DENVER & HOUSTON–(BUSINESS WIRE)–MarkWest Energy Partners, L.P. (NYSE: MWE)  – News and NGP Midstream & Resources, L.P. (M&R) today announced an agreement to form a joint venture dedicated to the construction and operation of natural gas midstream services to support producer customers in the Marcellus Shale. Under the terms of the joint venture, which will be owned 60 percent ...
  • Dec 09, 2008
    Platmin Announces US $175 Million Equity Financing to Fund the Pilanesberg Mine Construction
    Highlights US$175 million equity investment at C$0.85 (or ZAR 6.8) per share, representing a premium of 67% to the closing share price on the TSX on December 8, 2008 and a premium of 36% to the 30 day average VWAP z Transaction raises sufficient equity funding to complete construction of the Pilanesberg Platinum Project z ...
  • Oct 13, 2008
    NGP Midstream & Resources, L.P. and PTP Holdings, LLC Announce Formation of MLP Co-Investment Opportunity Fund, L.P.
    HOUSTON, TX & OVERLAND PARK, KS – OCTOBER 13, 2008 NGP Midstream & Resources, L.P. (“M&R”) and PTP Holdings, LLC (“PTP”) announce today the formation of MLP Co-Investment Opportunity Fund, L.P. MLP Co-Investment Opportunity Fund, L.P. (the “Fund”) will focus on making equity investments in publicly traded securities issued by Master Limited Partnerships or pre-IPO entities that ...
  • Jul 01, 2008
    NGP Midstream & Resources Announces Purchase of all of the Assets of Ferus Trust
    IRVING, Texas, July 2008 – NGP Midstream & Resources, L.P. and NGP M&R Offshore Holdings, L.P. (collectively, “M&R”) announce that they have purchased all the assets of Calgary-based Ferus Trust. The acquisition demonstrates M&R’s commitment to investing in energy and infrastructure in the Western Canada Sedimentary Basin. Retention of the existing Ferus management team, including Richard ...
  • Dec 05, 2007
    NGP MIDSTREAM & RESOURCES ANNOUNCES CLOSING OF $1.4 BILLION FUND
    IRVING, Texas – December 5, 2007 – NGP Midstream & Resources (“M&R”) announces that it has closed Fund I on November 16, 2007 with investment commitments totaling $1.4 billion. M&R makes direct equity based investments in the midstream energy sector and all facets of the mining and minerals sectors. M&R provides $50 to $250 million of equity ...
  • Aug 30, 2007
    IMAGIN NATURAL RESOURCES ANNOUNCES STRATEGIC INVESTMENT FROM NGP MIDSTREAM & RESOURCES AND BARCLAYS CAPITAL
    RICHMOND, Va. – August 30, 2007 – Imagin Natural Resources, LLC, (“INR”) a natural resource company specializing in coal and other diversified mineral investments announces that NGP Midstream & Resources, L.P. and NGP M&R Offshore Holdings, L.P. (“NGP-MR”) and the commodities principal investment team of Barclays Capital have committed to invest $200 million into INR to finance future investments. INR will invest in mining ...
  • Aug 01, 2007
    HIGH SIERRA ENERGY, LP RECEIVES $100 MILLION EQUITY COMMITMENT FROM NGP MIDSTREAM & RESOURCES, LP
    DENVER, CO AND DALLAS TX – JULY 31, 2007 – High Sierra Energy, LP and NGP Midstream & Resources, L.P. (the “Fund”) announced today the closing of an equity commitment to provide High Sierra with $100 million of dedicated growth capital for a combination of acquisitions and expansion projects.  The Fund also acquired a 25% interest ...
  • Sep 07, 2006
    NGP ENERGY CAPITAL MANAGEMENT ANNOUNCES FORMATION OF NGP ENERGY INFRASTRUCTURE AND RESOURCES PARTNERS, L.P.
    IRVING, TX – September 7, 2006 – NGP Energy Capital Management is pleased to announce the formation of NGP Energy Infrastructure and Resources Partners, L.P. as the latest addition to its family of investment initiatives focused on the energy and natural resources industries. NGP Energy Infrastructure and Resources Partners, L.P. will concentrate on making direct ...