| On May 11, 2006, Eschelon completed its investment in the Series A-2 units of Milagro Exploration(“Milagro”). Founded in 2005 and based in Houston, Milagro is an oil and gas exploration and production company focused on the onshore Gulf Coast region of Texas and Louisiana. The team is led by Bob Cavnar, CEO, Rick Piacenti, CFO, and Jack Eells, SVP Exploration and Geoscience, all former senior executives of Mission and El Paso. Plainfield Asset Management of Greenwich, Connecticut is the lead investor. |
