Indigo Natural Resources
Indigo Natural Resources is an independent natural gas and natural gas liquids company headquartered in Houston, Texas. The company is one of the largest natural gas producer in North Louisiana, developing the Haynesville Shale, the Bossier Shale and the Holly Vaughn formation.
- Energy
- Realized
- Houston, TX
- Invested in 2016
- www.ndgo.com
Bill Pritchard, Founder & Executive Chairman of Indigo
No compensation was paid in exchange for the above testimonial, but founders and executives receive ordinary course compensation and could, and have, received other benefits as a result of their ownership/role in the applicable portfolio company, which could and have created conflicts of interest that provide an incentive to recommend Trilantic North America.
Trilantic North America made a strategic investment in Indigo that was tailored to our specific capital needs at the time. Their capital made possible a sustained period of exponential growth for our company. They are a value-added board member and consistently provide us with constructive advice on strategic decisions that has resulted in Indigo being the industry-leading company that it is today.
Trilantic North America made a strategic investment in Indigo that was tailored to our specific capital needs at the time. Their capital made possible a sustained period of exponential growth for our company. They are a value-added board member and consistently provide us with constructive advice on strategic decisions that has resulted in Indigo being the industry-leading company that it is today.
Growth Capital
Trilantic North America's investment funded an acquisition of Haynesville Shale upstream assets, paid down debt and provided growth capital to commence a development drilling program. Since Trilantic North America’s investment, Indigo has grown from ~140,000 net acres with ~140 mmcfe/d of production to over 300,000 net acres with over 1,000 mmcfe/d of production.
Hedge Strategy
Trilantic North America's was heavily involved in establishing Indigo’s hedging policy and continues to help guide strategy through a seat on the board-level.
Shareholder/Management Alignment
Trilantic North America has been instrumental in helping design and restructure management and employee incentive plans to ensure alignment for all stakeholders.
Strategic Transactions
Trilantic North America has worked side-by-side with management in assessing, structuring and executing several strategic transactions, including a midstream joint-venture with M5 Midstream, several upstream asset acquisitions and Indigo’s inaugural high yield offering, among other transactions.