More than doubling throughput capacity, Bellatrix Exploration Ltd.’s (ticker: BXE) O’Chiese Nees-Ohpawganu’ck deep-cut gas plant at Alder Flats can now process 230 MMcf/d. The Adler Flats Plant was fully commissioned in mid-March and began selling volumes on March 19, 2018. Bellatrix said that the plant was brought on-stream ahead of schedule and was delivered ~5% under budget. Previously, the plant
Double Eagle Energy Holdings III announced that inclusive of a recent capital raise, the company has secured equity commitments of more than $1 billion. The equity commitments are anchored through funds managed by affiliates of Apollo Global Management, LLC (ticker: APO). Double Eagle’s equity commitments will support the company’s ongoing acquisition and development initiatives in the Permian Basin and will
Tailwater, Stephens Make Executive Hires Tailwater Brings in MLP/Midstream Vet Stephen Lipscomb Dallas-based Tailwater Capital LLC is continuing to grow its team with the addition of Stephen Lipscomb as a vice president. Lipscomb brings nine years’ experience including midstream operations, private equity and investment banking, Tailwater said in a press release. Lipscomb was a senior director at Crestwood Equity Partners, a publicly-traded master limited
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