Predict your next investment

ENERGY & UTILITIES | Oil & Gas Production & Exploration

See what CB Insights has to offer


Private Equity | Alive

Total Raised


Last Raised

$75M | 11 yrs ago

About Newton Energy Partners

Newton Energy Partners is an oil and natural gas company based in Houston, Texas.

Newton Energy Partners Headquarter Location

Houston, Texas, 77000,

United States

Latest Newton Energy Partners News

Newton Energy Acquires MEC Operating Company

Jul 10, 2018

September 30, 2011 04:53 PM Eastern Daylight Time HOUSTON--( BUSINESS WIRE )--Newton Energy Partners, LLC, through its Canadian affiliate, NEP Canada ULC (together, "Newton"), is pleased to announce it has acquired all outstanding shares of MEC Operating Company, ULC (“MEC”). MEC’s assets consist of five fields in Alberta, including the historic Leduc Woodbend field located close to Edmonton, Alberta. The MEC assets are currently producing 2,400 net boe/d (60% liquids) from approximately 225 producing wells on 73,000 gross acres and include several hundred inactive wellbores available for future projects. Bud Newton, Newton’s President and CEO, describes these assets as one of the most “opportunity-rich legacy assets” he has seen in his career and is an ideal fit for the Newton management team. “We plan to execute an aggressive drilling and workover program over the next few years that will result in significant production and reserves growth. Additionally, we will continue to pursue additional acquisitions in the country.” Newton Energy Partners, LLC was formed in October, 2010 by Bud Newton and Kayne Anderson Energy Funds. Newton Energy Partners, LLC is headquartered in The Woodlands, Texas. NEP Canada ULC will have its offices in downtown Calgary, Alberta. About Kayne Anderson Energy Funds Established in 1998, Kayne Anderson Energy Funds manage $2.7 billion of committed capital for energy private equity investments. With offices in Houston, Texas and Los Angeles, California, Kayne Anderson invests private capital primarily in high-growth oil and gas companies. For more information on Kayne Anderson’s energy private equity investing, please visit , or contact either David Habachy, Senior Vice President, at (713) 493-2006 or Mark Teshoian, Senior Vice President, at (713) 493-2005.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.