Portfolio Companies

whitemarlinWhite Marlin Energy Partners, LLC
A Houston-based exploration and production company with assets in South Texas, the Texas Gulf Coast and Kansas.  Parallel’s investment enabled the company to reduce its bank debt and fund drilling in conventional South Texas oil wells.
Founded: 1992
Initial Parallel investment: June 2011

 

texas-americanTexas American Partners, LLC
An Austin-based exploration and production company with assets in South Texas and the Texas Panhandle. Parallel’s investment enabled the company to retire a maturing second lien note and fund drilling in the Eagle Ford, Austin Chalk, and Texas Panhandle.
Founded: 1990
Initial Parallel investment: July 2012

 

flatoniaFlatonia Energy, LLC
A Houston-based exploration and production company formed by Parallel to acquire production and acreage in Central Texas.  Parallel’s investment will fund drilling in the Eagle Ford and Austin Chalk.
Founded: 2013
Initial Parallel investment: June 2013

 

arrow-rockArrow Rock Energy, LLC
A Dallas and Marshall, Texas based exploration and production company focused on Northeast Texas. Parallel’s investment will fund acquisitions, drilling and development in primarily conventional oil and gas wells.
Founded: 2013
Initial Parallel investment: August 2014