Vista Oil & Gas SAB de CV is set to launch the first midstream player focused on the Vaca Muerta Shale in Argentina supported by a multimillion-dollar investment from two private-equity firms.

On June 27, Vista announced the creation of Aleph Midstream SA—the first midstream player focused on providing gathering, processing and evacuation services for oil and gas production of Argentina’s Vaca Muerta shale play.

Aleph will focus on “spearheading a new paradigm for the development of this world-class shale play built on the concept of long-term partnerships with upstream-focused producers underpinned by acreage dedication agreements,” according to a release from Riverstone Energy Ltd., one of the newly-formed company’s financial backers.

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