Pelican Energy Partners

Pelican Energy Partners, established in 2011 and based in Houston, Texas, is a private equity firm specializing in strategic investments in small to mid-market energy service and equipment businesses. The firm focuses on companies within the energy, manufacturing, and related sectors, primarily in the United States and Canada. Pelican Energy Partners aims to invest in businesses with high growth potential, supporting their development through strategic guidance and operational expertise.

William Chiles

Managing Partner

Jason Doan

Associate

Paul Ernster

Senior Associate

Greg Hottle

Operating Partner

Christian Juengling

Associate

Ian Levy

Senior Associate

Ryan Lloyd

Senior Associate

Seth Long

Operating Partner and Director of Safety, Health, and Environment

Mike Scott

Managing Partner, Founder

Jay Surina

Managing Director

Sam Veselka

Principal

Walter Weathers

Managing Director

Joe Welsh

Managing Director

Past deals in North Dakota

Iron Horse Tools

Acquisition in 2023
Iron Horse Tools, LLC specializes in providing rental tools and equipment for the oil and gas industry, focusing on regions such as South Texas, Louisiana, and North Dakota. Founded in 2008 and based in Corpus Christi, Texas, the company offers a range of products including high-pressure control drilling chokes, hydrostatic test trucks, stabilizers, and rotating control devices. These tools are designed to enhance safety and efficiency during managed pressure drilling operations. In August 2020, Iron Horse Tools, LLC filed for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas, indicating financial restructuring efforts.
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