Pelican Energy Partners announces final closing of debut fund

12 February, 2013 Houston, TX

Pelican Energy Partners is a highly specialized private equity fund led by a group of experienced energy service professionals focused on making strategic investments in energy services and manufacturing companies. The principals possess deep industry knowledge and relationships to support the growth and profitability of our portfolio companies, gained through over 120 years of combined experience in executive positions within such companies as Cameron, Complete Production Services, FMC, Halliburton, Oceaneering, Pool Energy Services and Weatherford.

The principals have combined their own capital with that of other energy services and E&P executives to form Pelican Energy Partners, which is managing approximately $100 million of equity capital. Pelican Energy Partners is unique because we provide capital, and relevant, proven management guidance and assistance based on many years of experience in the industry, running companies very similar to those we invest in. We create value by partnering with seasoned management teams to grow outstanding businesses. Our team has a balanced base of experience in all areas of executive management of large and small companies, private equity and investment banking. We are well equipped to provide the maximum benefit to portfolio companies in all stages of growth.

SOURCE:  Pelican Energy Partners