Investment Summary

NGP Invests In 406 Energy

On October 10, 2025, private equity firm NGP invested in oil/gas exploration company 406 Energy

Investment Highlights
  • This is NGP’s 44th transaction in the Oil/Gas Exploration sector.
  • This is NGP’s 70th transaction in the United States.
  • This is NGP’s 42nd transaction in Texas.

Investment Summary

Date 2025-10-10
Target 406 Energy
Sector Oil/Gas Exploration
Investor(s) NGP
Deal Type Growth Capital

Target

406 Energy

Houston, Texas, United States
406 Energy offers upstream oil and gas exploration and production services, with technical analysis and asset development. 406 Energy was founded in 1988 and is based in Houston, Texas.

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Investor(S) 1

Investor

NGP

Dallas, Texas, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1988
PE ASSETS 25.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Natural Gas Partners is a specialist private equity firm focused on investments in the energy industry. The Firm looks for opportunities in oil and gas production, as well as midstream and oilfield service companies. Natural Gas Partners will also consider start-up company investments. The Firm's investments range from $20 to $100 million. Natural Gas Partners is an affiliate of energy investment firm NGP Energy Capital Management. The Group was formed in 1988 and is headquartered in Irving, Texas with additional offices in Houston; Santa Fe, New Mexico; Stamford, Connecticut; and London.


DEAL STATS #
Overall 80 of 80
Sector: Oil/Gas Exploration M&A 44 of 44
Type: Growth Capital M&A Deals 32 of 32
State: Texas M&A 42 of 42
Country: United States M&A 70 of 70
Year: 2025 M&A 4 of 4
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