Press Release
November 16, 2023

Holland & Knight Represents NGP in Equity Commitment to Wellspring Energy Resources

HOUSTON (November 16, 2023) – Holland & Knight advised certain funds managed by NGP Energy Capital Management LLC in an equity commitment to Wellspring Energy Resources LLC to pursue non-operated oil and gas working interests, oil and gas development financings, structured transactions and other special situations in North America.

NGP is a premier private equity firm that believes energy is essential to progress. Founded in 1988, NGP is moving energy forward by investing in innovation and empowering energy entrepreneurs in natural resources and energy transition. With more than $20 billion of cumulative equity commitments, NGP backs portfolio companies focused on responsibly solving and securing the energy needs of today and leading the way to a cleaner, more reliable, more affordable energy future.

Headquartered in Dallas, Wellspring focuses on partnering with energy companies and owners to provide flexible capital solutions through the acquisition of non-operated interests, development financing and structured transactions.

Holland & Knight's representation of NGP Energy Capital Management was led by Partner Leslie Vaughn Mahre. She was assisted by Partners Todd Keator, Anthony Campiti and Neely Munnerlyn and Associate David Rascoe.

More information on the transactions can be found here.

Holland & Knight regularly ranks among the leading M&A and private equity law firms in reputable, benchmarking league tables published by Bloomberg, Refinitiv, Mergermarket, PitchBook and The Deal. In the first half of 2023, the firm ranked among the top 5 most active law firms in the U.S. and globally for its work in the space. Through the HK Deal Flow® program, Holland & Knight facilitates deal leads for clients and prospective clients by matching acquisition or capital raising opportunities with buyers and investors.

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