Cardinal Midstream was founded in 2008 and built a full-service midstream business in the Arkoma region of Oklahoma’s Woodford Shale through acquisition and grassroots development projects. Cardinal sold substantially all of its assets in December 2012 for $600 million to Atlas Pipeline Partners.
Cardinal Midstream II
Cardinal Midstream II was formed in 2013 and focused on the development and operation of two greenfield natural gas gathering systems in Appalachia. The Cardinal PA system was sold to Energy Transfer Partners in March 2017, and the Cardinal NE system was sold to DTE Pipeline Company in June 2018.