Another private equity - E&P exploration program
Private non-op Houston Energy, L.P. announced that it has entered into a strategic agreement with a private equity firm for deepwater Gulf of Mexico non-operated exploration projects.

Houston Energy Co-Founder and Co-O Ron Neal said: "We are very pleased to enter into this venture and exploration program with our new private equity partner. With an increasingly competitive environment in the deepwater, this new venture allows us to be a stronger non-operating partner and retain a larger ownership position in our exploration projects. Moving forward, we are confident that this will have a significant and positive impact on our business and help to further Houston Energy's successfu...

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