Natural Gas Partners Promotes Pair

Natural Gas Partners has promoted both David Hayes and Colin Raymond from principal to managing director. Hayes joined the firm in 1998, while Raymond joined in 2005.

PRESS RELEASE

Natural Gas Partners (“NGP”), the leading private equity firm in the energy industry, is pleased to announce that David W. Hayes and Colin F. Raymond have been promoted from Principal to Managing Director effective immediately. Mr. Hayes joined the firm in 1998 and Mr. Raymond joined NGP in 2005.

Prior to joining NGP in 1998, Mr. Hayes was a member of Merrill Lynch’s Energy Investment Banking group in Houston, where he focused on merger and acquisition transactions in the exploration and production and pipeline industries. Mr. Hayes received a B.A. in Economics, magna cum laude, from Rice University, where he was elected to the Phi Beta Kappa scholastic honor society, and an M.B.A from Harvard University.

Prior to joining NGP in 2005, Mr. Raymond was a Vice President of Hunt Oil Company where he was responsible for the commercial aspects of the Company’s Peruvian Camisea gas, liquids and LNG project. Before he joined Hunt Oil, Mr. Raymond spent three years as a Partner of Soros Private Equity Partners. Prior to Soros, he worked as a Vice President of Morgan Stanley Capital Partners from 1996 to 1999 where he participated in all aspects of the private equity business. Before Morgan Stanley, Mr. Raymond was an investment banker at both Wolfensohn & Co. and J.P. Morgan & Co. Mr. Raymond received a B.A. in Honors Economics from the University of Michigan where he was elected to the Phi Beta Kappa scholastic honor society.

Kenneth Hersh, Managing Partner, explained, “We are excited to recognize two outstanding members of the firm. David and Colin have directly contributed to our position as the premier equity sponsor in the energy industry and we are proud to reward their efforts.”

Founded in 1988, Natural Gas Partners (NGP) is a $7.2 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, a $9.5 billion firm that invests in all sectors of the energy industry through its investment vehicles: Natural Gas Partners and its related co-investment funds, NGP Capital Resources Company (NASDAQ: “NGPC”), NGP Energy Technology Partners, L.P., and NGP Midstream and Resources, L.P.

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