EnCap Flatrock commits $350 mln to Lucid Energy Group II

EnCap Flatrock Midstream has committed $350 million to Lucid Energy Group II LLC. Lucid II management also invested. Dallas-based Lucid Energy is a midstream provider with assets including more than 700 miles of pipeline, multiple compressor stations, 345 million cubic feet per day of gas processing capacity, nitrogen rejection facilities, condensate stabilization facilities and a crude oil gathering system.

24 February 2016•3 mins read
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