Canes Midstream Establishes Permian Basin Position with Cogent Acquisition

“I was with these assets at inception and am excited to return and continue to grow them,” said Canes CEO and Co-founder Scott Brown, who previously served as president of Lucid I, a predecessor to Cogent Midstream.

Hart Energy Staff
Canes Midstream Establishes Permian Basin Position with Cogent Acquisition

Cogent Midstream’s Big Lake Natural Gas Processing Complex is located in the Midland Basin. This photo shows Big Lake I and II. (Source: Cogent Midstream)

Canes Midstream LLC established a position in the Permian’s southern Midland Basin with the recent closing of its acquisition of Cogent Midstream LLC, where Canes CEO and Co-founder Scott Brown previously served as president.

“I was with these assets at inception and am excited to return and continue to grow them,” Brown commented in a company release on May 25.

Founded in 2019, Canes Midstream is a Dallas-based midstream oil and gas company backed by EIV Capital and Denham Capital. Prior to founding Canes Midstream, Brown served as president of Lucid Energy Group I, a predecessor to Cogent Midstream.

Already have an account? Log In

Sign up for FREE access to view this article now!

Unlock Free Access