TULSA, Okla.–(BUSINESS WIRE)–Conexus Energy, LLC (Conexus.energy) announced today their formation and a strategic investment from Natural Gas Partners (“NGP”), through NGP Natural Resources XI, L.P., the most recent NGP private equity fund focused on natural resources. In addition to NGP, Conexus is supported with capital contributions from FCStone Merchant Services, LLC., a subsidiary of INTL FCStone Inc.; Tulsa oilman Philip B. Smith; and Conexus CEO James L. Kincaid, Jr.

Conexus was formed in December 2015. The company has spent the last three months building out commercial infrastructure. Conexus CEO James Kincaid detailed how Conexus operates in contrast to the standard model of energy marketing and trading. “Conexus provides a unique type of service to its clients,” said Kincaid. “We are not adversaries like other trading firms who buy and sell energy; rather, ours is a collaborative relationship.” Kincaid added, “We offer a strong capital structure, great customer service, truly unique contracts, and a sense of humor.”

Conexus is Latin for alliance. “As an alliance, in addition to offering traditional purchase and sales agreements, Conexus will offer to those customers making a commitment to Conexus rebates and other innovative services that are unique in our industry.”

Conexus will commence its business in natural gas in April 2016, and expand to other hydrocarbons as the business grows. Conexus currently has seven employees, and anticipates making additional hires as business dictates. The core management team has worked together for 28 years, most recently leading Regency Logistics & Trading, LLC, prior to its sale to Energy Transfer in May 2015.

About Conexus

Conexus Energy LLC is a full service energy marketing and trading company based in Tulsa, OK. The Conexus management team has been involved in providing similar marketing and trading services to six NGP sponsored energy companies over the last twenty-eight years.

About Natural Gas Partners

Founded in 1988, Natural Gas Partners (“NGP”) is a family of private equity investment funds, with approximately $16.5 billion of cumulative equity commitments, organized to make investments in the natural resources sector. NGP is part of the investment platform of NGP Energy Capital Management, a premier investment franchise in the natural resources industry. Visit NGP at www.naturalgaspartners.com.

About INTL FCStone Inc.

INTL FCStone Inc. (Nasdaq: INTL) provides clients across the globe with a comprehensive range of customized financial services and tools to help them protect their margins and manage volatility. A pioneer in specialized financial services, we open markets for underserved mid-market clients with insight, guidance and access.