updated 2/16/2011 5:16:31 PM ET 2011-02-16T22:16:31

IRVING, Texas, Feb. 16, 2011 (GLOBE NEWSWIRE) -- Natural Gas Partners ("NGP"), one of the leading private equity investors in the oil and gas industry, today announced that John H. Homier has joined the firm as a Venture Partner.

Mr. Homier has over 30 years of corporate finance, engineering, credit analysis, business development and management experience in the energy sector, serving for over six years as President and Chief Executive Officer of NGP Capital Resources Company, a publicly traded business development company ("NGPC: Nasdaq"). Prior to his involvement with NGPC, Mr. Homier founded and led a successful structured/mezzanine oil and gas investment programs for Deutsche Bank. Mr. Homier has also held various management positions with Bank of America Securities and its predecessors, with responsibilities that included the initiation and building of a successful structured capital program for investment in oil and gas projects within the bank.

Mr. Homier graduated with a B.S. in Civil Engineering from Oklahoma State University in 1973, a M.S. in Geotechnical Engineering from the University of California, Berkeley in 1977 and earned an M.B.A. in Finance and Management from the University of Southern California in 1981. Mr. Homier is a Professional Petroleum Engineer and a CFA Charterholder.

"We are pleased to have John join NGP as a Venture Partner," said Ken Hersh, Managing Partner of Natural Gas Partners. "John was instrumental in helping us launch NGPC in 2004 and we deeply appreciate the job that he did in building that organization from the ground up and providing steady leadership during his tenure. John has assembled an experienced and capable team to assume his leadership role at NGPC and we look forward to continuing our relationship with him as he moves on to his next challenge. John's experience and judgment in the energy finance area will be of value to NGP and its entire family of portfolio companies." 

About Natural Gas Partners

Founded in 1988, Natural Gas Partners (NGP) is a $7.3 billion family of investment funds organized to make direct equity investments in private energy enterprises. NGP is part of the investment platform of NGP Energy Capital Management, the premier investment franchise in the natural resources industry with $9.5 billion in cumulative capital under management.

For Information:  www.ngpenergycapital.com or www.naturalgaspartners.com

CONTACT: Kenneth A. Hersh
         NGP Energy Capital Management
         CEO and Managing Partner
         Telephone: 972-432-1440
         Fax: 972-432-1441

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved


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