NGP Announces the Hiring of James Wallis as Partner

IRVING, Texas–(BUSINESS WIRE)–NGP, a leading private equity firm in the energy and natural resources
industry, today announced that James Wallis will join the firm as a
Partner in its Houston office effective immediately.

Mr. Wallis was previously a Managing Director with Lime Rock Partners in
its Houston office. He joined the firm in 2007 and was primarily focused
on sourcing, evaluating and investing in North American E&P and oilfield
service opportunities. Prior to joining Lime Rock, Mr. Wallis worked in
the energy investment banking groups of Merrill Lynch and Petrie Parkman
& Co.

Chris Carter, Managing Partner, commented, “We are delighted to welcome
James to NGP. We have known James for over a decade and have been
impressed with his successful track record of investing in energy. James
is a thoughtful investor who is focused on building high quality
relationships. He will be a valuable additional resource to our
portfolio companies and a great addition to our firm.”

Mr. Wallis said, “I am excited to join the NGP team. I have long
respected NGP as a leader in identifying and backing outstanding
entrepreneurs to build great businesses. I look forward to working with
my new colleagues and our many partners to continue building upon one of
the greatest franchises in the energy private equity industry.”

ABOUT NGP

Founded in 1988, NGP is a premier private equity firm in the natural
resources industry with approximately $17 billion of cumulative equity
commitments organized to make strategic investments in the energy and
natural resources sectors.

For information: www.ngpenergycapital.com

Contacts

NGP
Carolyn Flinchum, 972-432-1400
Director of Marketing &
Special Events
[email protected]