Mora Energy to Partner with NGP and Old Ironsides Energy


   
   HOUSTON, TX (DTN)--Mora Energy Holdings, a recently formed energy 
infrastructure company, announced today that it has secured more than $250 
million of initial equity commitments from funds managed by NGP Energy Capital 
Management (NGP), Old Ironsides Energy and Mora's management team.

   Following recent developments in its oil and natural gas midstream assets in 
the Permian Basin, the LM Energy team has been rebranded as Mora Energy and is 
actively pursuing new energy infrastructure opportunities, according to a 
company statement.

   Mora Energy's management team has developed and acquired large-scale 
midstream projects in the Delaware and Midland Basins of the Permian, East 
Texas/Louisiana, the DJ Basin, and South Texas.

   "We are thrilled to partner with the Mora team for their latest midstream 
venture," said Brian Seline, Partner at NGP.

   Mora Energy Holdings, is an energy infrastructure company based in Dallas, 
Texas




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