Clear Creek Midstream Closes $300 Million Equity Commitment From EnCap Flatrock Midstream

摘要

Clear Creek Midstream LLC Jan. 29 announced an initial venture capital commitment of $300 million from EnCap Flatrock Midstream. Headquartered in Houston and established in late 2018, Clear Creek is an independent energy company focused on the development of midstream infrastructure for oil and gas producers working in shale plays across North America. Clear Creek is pursuing organic, greenfield projects and select acquisition opportunities. Clear Creek's three founders have more than 50 years of combined experience in the energy industry and have generated in excess of $4 billion in transactions across the midstream sector. For the past three years, they worked together at EnLink Midstream, where they originated, built and operated large-scale crude oil gathering systems in the Permian Basin.