Post Oak Energy Capital announced that it led a $100 million equity commitment to Nadel and Gussman NV. Affiliates of Nadel and Gussman, and the management team will co-invest alongside Post Oak.
NGNV is a Tulsa-based exploration and production company with an initial focus on the acquisition and development of oil and gas properties in the Haynesville Shale. NGNV is also evaluating additional resource shale plays throughout the United States.
The NGNV team is led by industry veterans Jim Adelson and Stephen Heyman and includes Kevin DeLay, COO; Shelley Nichols, CFO; Jim Bucci, VP – Geoscience and Perry Phipps, VP – Land & General Counsel.