M&A Deal Summary |
|
|---|---|
| Date | 2016-01-07 |
| Target | Tall Oak Midstream |
| Sector | Oil/Gas Exploration |
| Buyer(s) | EnLink Midstream Partners |
| Sellers(s) | EnCap Flatrock Midstream |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.6B USD |
| Advisor(s) | CIT Capital Securities LLC (Financial) Paul Hastings (Legal) |
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| Category | Company |
|---|---|
| Founded | 1992 |
| Sector | Energy Services and Equipment |
| Employees | 1,432 |
| Revenue | 4.5B USD (2015) |
EnLink Midstream Partners LP is a provider of midstream energy services to producers of natural gas, natural gas liquids, crude oil and condensate. EnLink Midstream Partners was formed in 1992 and is based in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Oil/Gas Exploration) | 2 of 2 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Oklahoma) | 2 of 2 |
| Country (United States) | 2 of 2 |
| Year (2016) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-03-23 |
Devon Energy - Victoria Express Pipeline Business
Oklahoma City, Oklahoma, United States Devon Energy's Victoria Express Pipeline Business is a natural oil and gas exploration company. |
Buy | $171M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-10-22 |
EnLink Midstream Partners - Victoria Express Pipeline
Port of Victoria, Texas, United States EnLink Midstream Partners LP - Victoria Express Pipeline System with truck and storage terminals at both Cuero and the Port of Victoria, Texas, is a crude oil and condensate pipeline system, which connects the heart of the Eagle Ford Basin to the Gulf Coast waterborne market. The VEX Pipeline System includes 56 miles of 12-inch pipeline, which spans DeWitt county to Victoria county, Texas, with 350,000 barrels of above-ground storage, two 8 bay truck offload stations, and access to two docks at the Port of Victoria. The VEX Pipeline System can receive crude oil by pipeline and truck, and has downstream pipeline connections to two terminals today, with potential for additional downstream connection opportunities in the future. The pipeline system has a current capacity of 90,000 barrels per day. |
Sell | - |
| Category | Venture Capital Firm |
|---|---|
| Founded | 2008 |
| PE ASSETS | 9.0B USD |
| Size | Middle-Market |
| Type | Sector Focused |
EnCap Flatrock Midstream is a private investment firm focused on venture related opportunities in the midstream energy sector. EnCap Flatrock seeks majority positions in natural gas gathering, treating, processing and storage; crude oil gathering and transportation; and natural gas liquids fractionation, storage and transportation. EnCap Flatrock Midstream is affiliated with investment firm EnCap Investments, a large diversified energy investment firm. EnCap Flatrock is based in San Antonio, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 15 |
| Sector (Oil/Gas Exploration) | 5 of 12 |
| Type (Add-on Acquisition) | 4 of 9 |
| State (Oklahoma) | 1 of 4 |
| Country (United States) | 5 of 15 |
| Year (2016) | 1 of 1 |
| Size (of disclosed) | 4 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-24 |
Evolution Midstream
Denver, Colorado, United States Evolution Midstream is an independent midstream company that strives to fill strategic voids in the market by offering flexible, customer-centric solutions. Evolution Midstream was founded in 2015 and is based in Denver, Colorado. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-12 |
Plains All American
Houston, Texas, United States Plains All American is a provider of oil pipeline transportation, marketing, and storage business. The company engages in the transportation, storage, terminalling and marketing of crude oil, refined products, and liquefied petroleum gas and other natural gas-related petroleum products. Plains All American was founded in 1998 and is based in Houston, Texas. |
Buy | - |
