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AVAD Energy Partners II Announces Partnership with Pearl Energy Investments and NGP

DALLAS–(BUSINESS WIRE)–AVAD Energy Partners II, LLC (“AVAD II”), a newly formed oil and natural gas production company, announced today the closing of equity commitments from investment funds managed by Pearl Energy Investments (“Pearl”) and NGP Energy Capital Management (“NGP”). AVAD II will pursue an acquire and exploit strategy focused on

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NGP and its employees support the communities in which we live and operate through a variety of charitable causes. As a firm, NGP has focused support on children, education and improved economic opportunities. NGP employees are encouraged to give back to their communities financially and through our annual service day. The firm will continue that practice through philanthropic efforts and employee volunteerism.

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