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ACTIVE


Arkoma
Location: Bennington, OK
Initial Investment: 2009
Summary:
Arkoma Pipeline Partners, LLC owns a 50% interest in the Arkoma Connector Pipeline. The Arkoma Connector is a 50-mile pipeline connecting gas produced in the Woodford Shale to the Mid-Continent Express and Gulf Crossing pipelines. The Pipeline began commercial operations in July 2009, with throughput capacity of 480 MMcf/d.

BGH Holdings
Location: Breiningsville, PA
Initial Investment: 2007
Summary:
BGH Holdings used to own the general partner and a 63% limited partner interest in Buckeye GP Holdings (NYSE: BGH) (“BGH”), the publicly traded general partner of Buckeye Partners (NYSE: BPL) (“BPL”). In November, BPL and BGH closed on the merger of the two partnerships, which resulted in BPL owning its general partner and the cancellation of BGH’s incentive distribution rights. Subsequent to the merger and a secondary offering in 2011, BGH Holdings currently owns an 8.2% limited partner interest in BPL.
 
BPL is one of the largest independent refined petroleum products pipeline systems in the United States in terms of volumes delivered, with approximately 5,400 miles of pipeline.  BPL also owns and operates 69 active refined petroleum products terminals with approximately 53 million barrels of storage capacity, operates and maintains approximately 2,600 miles of pipeline under agreements with major oil and chemical companies, owns a major natural gas storage facility in northern California and markets refined petroleum products in certain of the geographic areas served by its pipeline and terminal operations.

Blue Ridge Asphalt
Location: Roanoke, VA
Initial Investment: 2006
Summary:
Blue Ridge Asphalt, LLC owns an interest in Associated Asphalt, an asphalt terminaling and storage operation. Associated Asphalt, founded in Roanoke in 1948, owns and operates ten terminal and storage facilities in the states of Florida, Georgia, North Carolina, South Carolina, Virginia and West Virginia with a total storage capacity of approximately 1.5 million barrels. It sells asphalt primarily to road pavers for constructing and maintaining the highways, roads and commercial and residential surfaces in the U.S. southeast.

Bronco Midstream
Location: Oklahoma
Initial Investment: 2010
Summary:
Funds IV and V own a stake in Enogex LLC through Bronco Midstream Holdings, LLC and Bronco Midstream Holdings II, LLC (“Bronco”).  Headquartered in Oklahoma City, Enogex is OGE Energy Corp.’s integrated natural gas midstream subsidiary and operates the 11th largest pipeline network in the U.S.   Enogex’s high quality assets are strategically located in the Arkoma and Anadarko basins in Oklahoma and the Texas Panhandle, including the Granite Wash and Cana plays, and represent one of the most active natural gas midstream areas in North America.  Enogex currently has over 7,900 miles of gathering and transportation pipelines, ten processing facilities including two in construction, two natural gas storage assets, 530,000 horsepower of owned compression and 600 employees. Bronco intends to fund significant growth capital expenditures, increasing Bronco’s aggregate ownership in the Company over a period of time. 

Lonestar Midstream Holdings
Location: Various Locations
Initial Investment: 2011
Summary:
Lonestar Midstream Holdings, LLC owns general and limited partner interests in JP Energy Partners, LP (“JPE”), a privately-held, Texas-based master limited partnership.  JPE’s principal business involves the distribution of propane and other liquid petroleum products to residential, commercial and industrial customers, with an emphasis on exploiting emerging new supply and demand dynamics surrounding liquids-rich oil and gas production areas.  The company was formed in 2010 with a focus on a multi-state region centered around Texas.  Currently, JPE is among the top 20 largest propane retailers in the U.S. 

NET Investment Company
Location: Houston, TX
Initial Investment: 2006
Summary:
NET Investment Company, LLC owns a 50% interest in National Energy and Trade, an independent natural gas marketer and transport service provider. The company owns intrastate pipelines in Texas and Louisiana which serve two major cities as well as approximately 1,500 MW of power generation load.  The company provides a wide range of marketing solutions and services to natural gas producers and end users in the Gulf Coast, Midwest, Southeast and Northeast United States that include developing and operating pipelines, optimizing transportation, creating, marketing and managing structured products and acquiring and marketing storage services.

North Sea Infrastructure Holdings
Location: Aberdeen, Scotland
Initial Investment: 2007
Summary:
North Sea Infrastructure Holdings, LLC is a partnership with Venture Production plc, an Aberdeen based independent oil and gas production company.  The company developed a new pipeline to transport oil to market and formed a platform to build and acquire additional midstream infrastructure in the North Sea.

Offshore Infrastructure Partners
Location: Gulf of Mexico
Initial Investment: 2009
Summary:
Offshore Infrastructure Partners owns oil and natural gas pipelines originating at ATP Oil & Gas’s Gomez Hub located in Mississippi Canyon Block 711.  The oil pipeline has the capacity to transport up to 25,000 barrels  per day from Gomez to the Amberjack pipeline system.  The natural gas pipeline has the capacity to transport 100 MMcf per day from Gomez to the Discovery Gas Pipeline.  ATP operates both pipelines.

OFS Holdings
Location: Houston, TX
Initial Investment: 2006
Summary:
OFS Holdings, LLC owns equity interests in two operating oilfield service businesses:

Cinco Pipe & Supply is a Houston, TX-based distributor of oil country tubular goods, primarily large diameter welded and seamless tubulars, alloy-strength casing, tubing and drilling pipe specifically suited for use in onshore oil and gas wells deeper than 8,000 ft and all wells offshore in the Gulf of Mexico.

Quail Nuclear Specialty Services is an Andrews, TX based construction contractor serving nuclear facilities and the Louisiana Energy Services uranium enrichment facility located in Eunice, NM.

Petrotank Holdings
Location: Bremerhaven, Germany
Initial Investment: 2008
Summary:
PT Holdings owns an interest in Petrotank Holdings GmbH, one of the largest independent providers of storage and terminaling services for petroleum products in Germany with a total storage capacity of 720,000 m3 (~ 4.5 million barrels) consisting of over 20 inland storage sites and one seaport. Petrotank provides refined petroleum and other liquid product storage, distribution, logistics and services to virtually all of the large German refiners including Shell, BP, Esso, and Total.

Texas Turnaround
Location: La Porte, TX
Initial Investment: 2006
Summary:
Texas Turnaround, LLC owns an interest in RepconStrickland, Inc., a leading specialty industrial services firm that primarily engages in the upgrade, repair, and maintenance of mission-critical operations in the oil refinery industry, including cracking and coker units.  RepconStrickland competes nationally through five subsidiaries.