Longhorn Midstream Partnering with Old Ironsides Energy for Future Midstream Ventures

Longhorn Midstream Holdings LLC. has announced that it has partnered with Old Ironsides Energy LLC., a private oil and gas investment firm investing in private equity and drilling joint ventures. 

Longhorn Midstream Holdings is a newly formed Dallas based midstream oil and gas company and has been successfully developing and acquiring midstream assets in many regions including the Midland Basin, Ark-La-Tex, the Mid-Continent, and most recently the Denver-Julesburg and Delaware Basins, across all commodities.

Mike Davis, the Managing Partner & President of Longhorn Midstream Holdings said, "The extended team has proven our ability to cost-effectively and reliably provide integrated midstream services to our producer clients."

"Old Ironsides has successfully partnered with members of the Longhorn team across multiple ventures since 2009. We are thrilled to form another company around this impressive group to continue pursuing their proven midstream strategy," said Sean O'Neill, a Managing Partner at Old Ironsides Energy.

Source:
prnewswire

Alaska's New Governor Won’t Have a Say on $43 Billion Project Until It is Fully Examined

Alaska’s Governor Mike Dunleavy will “withhold judgement” on the $43 billion liquefied natural gas project until the “administration can fully understand the costs, risks, and potential benefits.”

The 800-mile pipeline will move North Slope gas to Nikiski at a plant that would liquefy it for shipment. Sales will be mostly targeted to buyers in the Asia market.

Dunleavy is the third governor to oversee the project which launched in 2012.

An approval for the project is not expected until February 2020.

Source:
Houston Chron