Recently formed Mora Energy Holdings LLC, Dallas, Tex., has secured over $250 million in initial equity commitments from funds managed by NGP Energy Capital Management LLC, Old Ironsides Energy LLC, and Mora’s management team.
Mora Energy, rebranded from LM Energy following its monetization of Permian basin oil and natural gas midstream assets, is currently pursuing energy infrastructure development and acquisition opportunities (OGJ Online, Sept. 26, 2023; Aug. 6, 2024).
Mora Energy’s management team has decades of experience developing and acquiring large-scale midstream projects in major US producing regions including the Delaware and Midland basins of the Permian, East Texas/Louisiana, the Denver-Julesburg basin, and South Texas, the company said in a release Apr. 14.
