Pelican Energy Partners

Pelican Energy Partners is a Houston, Texas-based private equity firm that focuses on strategic investments in small- to mid-market energy services and equipment companies with high development potential. The firm targets opportunities in energy and related manufacturing industries across the globe, including energy equipment, energy services, manufacturing, and oil and gas sectors in the United States and Canada.

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

Michael Scott

Founder and Managing Partner

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 is a provider of rental tools and equipment specifically tailored for the oil and gas industry. Established in 2008 and headquartered in Corpus Christi, Texas, the company specializes in offering a range of products, including high-pressure control drilling chokes, hydrostatic test trucks, stabilizers, and rotating control devices. Its services are designed to enhance efficiency and safety during managed pressure drilling operations, catering to clients in South Texas, Louisiana, and North Dakota. In August 2020, Iron Horse Tools filed for reorganization under Chapter 11 in U.S. Bankruptcy Court, reflecting challenges in the industry.
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