Colgate partners with Pearl and NGP

Colgate Energy LLC has raised $75 million of equity commitments from lead investor Pearl Energy Investments, alongside Natural Gas Partners through its affiliate, NGP Natural Resources XI LP (NGP) and the Colgate management team.

Based in Midland, Texas, Colgate is an exploration and production company focused on acquiring and developing oil and gas properties in the Permian Basin.

Colgate was founded in 2015 by Will Hickey and James Walter. Prior to founding Colgate, the management team served in various roles at Pioneer Natural Resources, Denham Capital Management, and EnCap Investments.



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Shell Leverages Data to Transform from Reactive to Predictive Operations

This 6-page report describes how Shell engaged in a massive project with OSIsoft to transform the...

Selection, Use, Care and Maintenance of FR Clothing

For industries operating in an inherently dangerous environment, the importance of selecting the ...

Evolution or Revolution: IT / OT convergence means a world of possibilities

The oil and gas industry is experiencing a rapid paradigm shift in regards to digital transformat...

Predict, Prescribe, Profit: Creating a World that Doesn't Break Down

What are you doing to reduce unplanned downtime at your plant? Equipment breakdowns and process i...