Michael Christopher, CFO and chief investment officer at ARM Energy LLC, is today’s Forty Under 40 featured honoree.
Houston-based ARM Energy is currently focused on the continued development of its Salt Creek Midstream project in the Delaware Basin. However, Michael looks back on the commercialization and sale of Kingfisher Midstream this past February as both his most challenging project to date and the one he is most proud of.
“Saying we faced a few hurdles with this project is an understatement, but our knowledge of the space and our agility as a company helped us persevere and create a quality midstream asset,” he said of Kingfisher Midstream.
Blackstone Energy Partners made an equity commitment of $500 million in Waterfield Midstream, a Permian Basin oil and gas water management platform.
Financial Times reports that deal could be signed by next week.
James Hackett has been named interim CEO at Alta Mesa and the leadership team of private equity portfolio advisory firm Meridian Energy will fill out the remaining C-Suite positions.