Caiman Energy Formed with Capital Commitment from EnCap Energy Infrastructure Fund

Oil and Gas Investor

Dallas-based Caiman Energy LLC has closed on a private equity commitment from EnCap Energy Infrastructure Fund LP, a recently formed private equity fund managed by EnCap Investments and Flatrock Energy Advisors.

Caiman plans to leverage its extensive experience to develop a portfolio of midstream greenfield and acquisition projects in emerging resource plays and traditional producing areas of Texas, Louisiana and Midcontinent. All members of Caiman management have a track record in these areas, including in complex operating environments and with opportunities requiring a comprehensive view of emerging supply development.

Caiman is led by Jack Lafield as president and chief executive and Danny Thompson and Rick Moncrief, who represent a combined 93 years of experience in the midstream industry. Lafield was executive vice president, corporate development, for Crosstex Energy. Thompson was senior vice president, operations and engineering, for Crosstex. Moncrief was executive vice president and chief operating officer for Regency Energy Partners.

Lafield says, “Caiman Energy is delighted to partner with EnCap and Flatrock in their new infrastructure fund. We believe we have assembled an experienced and knowledgeable management team. Combining our team with the midstream expertise of Flatrock and the private equity expertise of EnCap makes us unique in our approach to the market.

Flatrock president Bill Waldrip says, “Jack, Danny and Rick are proven midstream executives, and we believe they have formed one of the top teams in the business. Their collective experience and expertise is unsurpassed in the gas gathering and processing business. We believe that Caiman is very well-positioned to pursue attractive opportunities in the midstream business today, and we are excited about supporting them in building a top quality business.”

EnCap Energy Infrastructure Fund has been formed by EnCap and Flatrock through secured capital commitments to provide private equity capital for midstream energy infrastructure opportunities throughout North America.