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Luxe Minerals LLC is a privately owned Austin, Texas-based company that acquires mineral and royalty interests in premium unconventional liquids-rich basins throughout the United States. Luxe Minerals was formed in March 2017 with an approximately $254 million equity commitment from NGP through Natural Resources XI, L.P. and the Luxe Minerals management team. Co-Founders A. Lance Langford and Jeff Larson, have worked together for over 25 years at Burlington Resources, Brigham Exploration, and Statoil. While at Brigham and Statoil, Lance and Jeff served as executives, and drove both companies` success and significant growth in the Bakken, drilling and completing more than 500 horizontal wells with 10,000 foot laterals. In May of 2015, Lance and Jeff founded Luxe Energy LLC with a $500 million equity commitment from NGP through Natural Resources XI, L.P. Eighteen months from formation, and after spending a portion of their original commitment, Luxe Energy divested its Delaware Basin assets to Diamondback Energy, Inc. for $560 million. In October 2016, Luxe Energy announced a new $524 million equity commitment from NGP and the Luxe management team. The Luxe Energy team is currently seeking investment opportunities in large-scale operated positions in the same seven oily basins as Luxe Minerals.
Greylock Energy is headquartered in Charleston, West Virginia with offices scattered throughout West Virginia and Pennsylvania and operations across Appalachia. The company`s assets comprise more than 900,000 acres, about 4,400 wells, and 2,600 miles of pipeline. Greylock`s leadership is an experienced team with decades in the energy industry and possessing a wealth of knowledge and unmatched expertise relating to operations, particularly in the eastern United States.
Tetco Incorporated is a San Antonio, TX-based company in the Energy and Utilities sector.
Phoenix Exploration Co. is a Houston, TX-based company in the Energy and Utilities sector.
A family company founded in 1921, Colonial`s history is rooted in the marketing, retailing, and distribution of petroleum products for the transportation, industrial, and marine applications. Over time, Colonial expanded its offerings to include natural gas marketing, liquid & dry bulk storage, maritime services, and industrial chemical sales. Today, Colonial provides industry leading levels of service, ranking #64 on Forbes List of America`s Largest Private Companies.