Energy and Minerals Group

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In January, 2009 it was reported that NGP Midstream & Resources LP (M&R) was investing $200 million of start-up capital in a joint venture with Mark West Energy for processing Marcellus shale gas. M&R will own 40% of the venture and Marke West will have 60%. MarkWest will also invest in the venture through contribution of assets and funds. The combined entity is known as MarkWest Liberty Midstream & Resources.

John T. Raymond is the company's Managing Partner and CEO.

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