Post Oak Energy Capital Announces Sale of NGNV and Quantent’s Haynesville Assets

HOUSTON--(BUSINESS WIRE)--Post Oak Energy Capital, LP (“Post Oak”) today announced the simultaneous sale of the producing Haynesville natural gas assets of Nadel and Gussman NV, LLC (“NGNV”) and Quantent Energy Partners, LLC (“Quantent”).

Historically, NGNV and Quantent assembled drill-ready positions in the Haynesville, in partnership with Post Oak, and subsequently developed a portion of the assets over the course of their respective investment cycles.

“We are pleased to have once again partnered with outstanding energy entrepreneurs in NGNV and Quantent, both of whom executed well-defined business plans by assembling and developing their respective Haynesville positions. We look forward to continuing to find ways to partner with Nadel & Gussman in the future as well as developing our remaining assets with our partners at Quantent,” said Frost Cochran, Managing Director of Post Oak.

Jefferies LLC served as financial advisor and Sidley Austin LLP served as legal advisor to Post Oak in connection with the sale.

About Post Oak Energy Capital

Founded in 2006, Post Oak Energy Capital, LP, is a Houston-based private equity firm focused on the North American Energy sector. The firm’s senior leadership brings extensive industry experience, complemented by a team of investment professionals with deep networks and expertise across equity investments, operations, development, finance, acquisitions and divestitures. Post Oak primarily targets private investments in the upstream and minerals & royalty sectors and has raised over $3 billion of capital across five funds since its inception. For more information, visit: www.postoakenergy.com.