M&A Deal Summary

Cureton Midstream Acquires Aka Energy Group - Gilcrest System

On February 2, 2022, Cureton Midstream acquired energy services and equipment company Aka Energy Group - Gilcrest System from Aka

Acquisition Highlights
  • This is Cureton Midstream’s 1st transaction in the Energy Services and Equipment sector.
  • This is Cureton Midstream’s 1st transaction in the United States.
  • This is Cureton Midstream’s 1st transaction in Colorado.

M&A Deal Summary
Date 2022-02-02
Target Aka Energy Group - Gilcrest System
Sector Energy Services and Equipment
Buyer(s) Cureton Midstream
Sellers(s) Aka
Deal Type Divestiture

Target

Aka Energy Group - Gilcrest System

Durango, Colorado, United States
Aka Energy Group's Gilcrest System features more than 38 MMcf/d of processing capacity, over 100 miles of low and high-pressure gathering pipeline, and long-term acreage dedications in the core of the DJ Basin. Aka Energy Group's Gilcrest System is based in Durango, Colorado.

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Buyer(S) 1

Buyer

Cureton Midstream

Denver, California, United States
Category Company
Founded 2016
Sector Energy Services and Equipment
DESCRIPTION

Cureton Midstream is a midstream company focused on providing commercial solutions to its customers. Cureton Midstream was founded in 2016 and is based in Denver, California.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1

Seller(S) 1

SELLER

Aka

Durango, Colorado, United States
Category Company
Founded 2002
Sector Energy Services and Equipment
DESCRIPTION

Aka design and build systems efficiently for specific drilling projects. Aka gathers natural gas from producers, treats the gas to remove impurities, and processes the gas to separate natural gas liquid. Aka was founded in 2002 and is based in Durango, Colorado.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
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