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Midstream provider Lucid Energy Group (“Lucid”) announced today the company has purchased a second cryogenic processing plant for its South Carlsbad Gathering and Processing System (“South Carlsbad System”) in the Delaware Basin. Known as Roadrunner I, the plant will be installed in Eddy County, New Mexico.
DALLAS – December 14, 2016 – Midstream provider Lucid Energy Group (“Lucid”) announced today the company has made significant expansions to its gathering and processing capacity in the Delaware Basin of southeastern New Mexico. The announcement follows the company’s August 30, 2016 acquisition of Agave Energy Company (“Agave”) and the implementation of an aggressive plan to expand the Agave assets.
Stakeholder Midstream Crude Oil Pipeline, LLC, a wholly owned subsidiary of Stakeholder Midstream, LLC (“Stakeholder”) announced today that it has commenced a binding open season with respect to a planned greenfield crude oil gathering and trunkline pipeline system referred to as the “San Andres Crude Gathering System” or the “Project.”
Midstream provider Lucid Energy Group (“Lucid”) announced today that Ryan Moss has joined the company’s leadership team as executive vice president and chief financial officer.

Rangeland Energy Brings RIO Pipeline into Service
September 7, 2016 | Rangeland Energy

SUGAR LAND, Texas – September 7, 2016 – Rangeland Energy (“Rangeland”) today announced that the company’s RIO Pipeline is now in commercial service for all shippers transporting crude oil and condensate to market from the Delaware Basin.  
Rangeland Energy (“Rangeland” or “the Company”) today announced that it has formed a Canadian subsidiary to pursue midstream opportunities in Western Canada.

Lucid Energy Group II, LLC Acquires Agave Energy
September 1, 2016 | Lucid Energy Group

Midstream provider Lucid Energy Group II, LLC, (“Lucid II”) announced today that subsidiaries of the company have closed on the purchase of certain assets of Agave Energy Company (“Agave Co.”) and the acquisition of all of the outstanding stock of Agave Energy Holdings, Inc. (together with Agave Co. and its subsidiaries, “Agave”). 

EagleClaw Midstream Ventures to Acquire PennTex Permian
August 4, 2016 | EagleClaw Midstream

EagleClaw Midstream Ventures, LLC (“EagleClaw”) announced today that the company has entered into a definitive agreement to acquire PennTex Permian, LLC (“PennTex Permian”) a wholly owned subsidiary of PennTex Midstream Partners, LLC.

EnCap Flatrock Midstream Announces Promotions
July 27, 2016 | EnCap Flatrock Midstream

EnCap Flatrock Midstream (“EnCap Flatrock”) today announced the promotions of Gregory C. King and Dave Kurtz to managing partner and Dennis J. McCanless to partner.
EagleClaw Midstream Ventures, LLC, a subsidiary of EagleClaw Midstream Services, LLC (“EagleClaw”), today announced that the company has commissioned its Toyah I Natural Gas Processing Plant in Reeves County, Texas.
Rangeland Energy (“Rangeland”) today announced the start of a binding open season for its RIO Pipeline. Operated by its affiliate Rangeland RIO Pipeline, LLC, the 109-mile, 12-inch, common carrier pipeline will transport crude oil and condensate produced in the Delaware Basin to terminals in the Midland, Texas, market center and takeaway pipelines to Cushing, Oklahoma; the Gulf Coast; and other market centers.
Rangeland Energy (“Rangeland”) announced today that it has initiated development of the South Texas Energy Products System (“STEPS”). STEPS is an integrated hydrocarbon logistics system that will receive and store refined products, liquefied petroleum gas (“LPG”) and other hydrocarbons at a new terminal hub located in Corpus Christi, Texas, and transport them to terminals primarily located in Mexico.
Lucid Energy Group II, LLC (“Lucid II”), a full-service midstream provider based in Dallas, announced today that the company has secured an initial equity commitment of $350 million from EnCap Flatrock Midstream (“EnCap Flatrock”) and the Lucid II management team. Lucid II was formed by the team that leads its successful predecessor company, Lucid Energy Group, LLC (“Lucid I”), also backed by EnCap Flatrock.
The EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE:ENLK) (the “Partnership”) and EnLink Midstream, LLC (NYSE:ENLC) (the “General Partner”) (together “EnLink”), today announced that a subsidiary of the Partnership and the General Partner completed its previously announced acquisition of certain subsidiaries of Tall Oak Midstream, LLC for $1.55 billion, subject to certain adjustments.
Tall Oak Midstream, LLC (“Tall Oak”) and its equity partner EnCap Flatrock Midstream (“EnCap Flatrock”) today announced that a subsidiary of EnLink Midstream Partners, LP (NYSE: ENLK) and EnLink Midstream LLC (NYSE: ENLC) (together, “EnLink”) has signed definitive agreements to acquire subsidiaries of Tall Oak Midstream, LLC for approximately $1.55 billion, subject to certain adjustments. These subsidiary entities hold substantially all of Tall Oak’s Oklahoma assets which include the STACK Natural Gas System, the STACK Crude Oil System and the CNOW Natural Gas System.
Rangeland Energy (“Rangeland”) today announced that the largest frac sand unit train shipped to date in North America has arrived at the company’s RIO Hub located near Loving, New Mexico.
Evolution Midstream, LLC (“Evolution”) today announced an initial commitment of $300 million from private equity firm EnCap Flatrock Midstream (“EnCap Flatrock”) and the Evolution management team. Launched in July 2015 and headquartered in Denver, Evolution offers a full suite of integrated midstream solutions to oil and gas producers operating across North America.
Tall Oak Midstream, LLC (“Tall Oak”) today announced that it has secured a long-term, fee-based natural gas gathering and processing agreement with one of the largest acreage holders and natural gas producers in the Mid-Continent’s STACK play (“the Company”).
Rangeland Energy (“Rangeland” or “the company”) today announced that it has secured an equity commitment of $300 million from EnCap Flatrock Midstream (“EnCap Flatrock”) and management to support the formation of a new entity, Rangeland Energy III, LLC (“Rangeland III”).
Blue Racer Midstream, LLC (“Blue Racer”) and its wholly owned subsidiary Blue Racer Finance Corp. (together with Blue Racer, the “Issuers”) announced today that, subject to market conditions, they intend to sell in an offering in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to persons outside of the United States pursuant to Regulation S under the Securities Act, $300 million in aggregate principal amount of their 6.125% senior notes due 2022 (the “additional senior notes”). 

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