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NGP Capital Resources Completes ATP, Partnership Investments

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July 12, 2012

NGP Capital Resources Company (NGPC) announced the completion of two transactions that closed in the first two weeks of July, totaling $75 million. These investments were funded with cash on hand and borrowings under the Company's revolving credit facility.

On July 3, 2012, the Company advanced an additional $25.0 million to ATP Oil & Gas Corporation of Houston, Texas, under its limited-term overriding royalty interest in certain offshore oil and gas producing properties operated by ATP in the Gulf of Mexico. As consideration for this additional investment with ATP, the ...

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