Lucid Energy Group II LLC - 2016-03-23

Description

Midstream service company secured equity from EnCap Flatrock Midstream and its management team. Lucid Energy Group serves more than 30 operators in nine West Texas counties in the Midland Basin. Lucid II will handle development projects and strategic acquisitions in other producing basins. Locke Lord was Lucid II’s legal adviser. Thompson & Knight was EnCap Flatrock’s legal adviser.

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Estimated Price
$350.0MM
Financing Type
Report Date