July 25, 2017 – HOUSTON, TX – Quantum Energy Partners (“Quantum”) is pleased to announce the formation of Impact Exploration and Production Partners, LLC (“Impact” or the “Company”) with its founders Tim Muniz (“Muniz”) and Randy Natvig (“Natvig”, and together with Muniz, the “Founders”). Impact, headquartered in Denver, Colorado, seeks to acquire, develop, and operate oil-focused properties in the Rocky Mountain region of the United States. Quantum and members of the Impact management team have collectively made initial capital commitments in excess of $300 million to the Company.
The Impact team is led by Muniz as Chief Executive Officer and Natvig as President. Prior to Impact, Muniz most recently served as Vice President of Operations for Centennial Resource Production, LLC and Natvig founded and led Iron Horse Energy, LLC. Joining the Founders as Chief Financial Officer is Ward Giltner, who most recently founded and led two upstream companies.
The Founders remarked on the closing, “We are very excited to be partnering with the team at Quantum as we build Impact into a leading upstream oil and gas operator in the Rocky Mountain region. The team we have put together has a proven track record of success, in multiple basins, driven by operational excellence that is focused on building value for our investors.”
Jeff Donahue, Managing Director of Quantum, commented, “We are excited to be partnering with Tim, Randy and Ward, all of whom have proven to be highly successful entrepreneurs in their own right. Our commitment illustrates our confidence in their execution-driven approach, extensive experience, and strong reputations.”
About Impact Exploration and Production Partners, LLC
Impact is a Denver-based company focused on acquiring, developing and operating oil-focused properties in the Rocky Mountain region of the United States. For more information with respect to the Company, please contact Tim Muniz at (720) 839-6964.
About Quantum Energy Partners
Founded in 1998, Quantum Energy Partners is a leading provider of private equity capital to the global energy industry, having managed together with its affiliates more than $13 billion in equity commitments since inception. For more information on Quantum, please visit www.quantumep.com. For investor relations, please contact Michael Dalton at (713) 452-2000.