Mora Energy Holdings, LLC, a recently formed energy infrastructure company, announced that it has secured more than $250 million of initial equity commitments from funds managed by NGP Energy Capital Management, LLC, Old Ironsides Energy, LLC and Mora’s management team.
News
Trace Midstream Enters The Northern Delaware Basin With The Acquisition Of LM Energy’s Natural Gas Gathering And Transportation Infrastructure
Trace Midstream Partners II, LLC, a portfolio company of Quantum Capital Group, announced today that it has entered into agreements with LM Energy Delaware, LLC, a portfolio company of Old Ironsides Energy, LLC, to acquire its natural gas gathering and transportation assets in the Northern Delaware Basin.
LM Energy Announces Sale of its Crude Oil Gathering Business
LM Energy Holdings, LLC announced that it has entered into definitive agreements to sell certain subsidiaries and assets related to its Touchdown Crude Oil Gathering System in Eddy and Lea counties, New Mexico. The transaction is expected to close during the fourth quarter of 2023.