Stakeholder Midstream Secures $250 Million Equity Commitment From Encap Flatrock Midstream | EnCap Flatrock Midstream
Summary
Our initial equity commitment to Stakeholder reflects our confidence in Rob and Gaylon and their proven ability to effectively deploy capital, develop complex assets and grow a dynamic midstream company. Mr. Liddell most recently served as vice president of business development at TexStar Midstream, where he was responsible for all deal sourcing, contract negotiations and customer relations outside of downstream purity products. He has worked throughout Texas, the Mid-Continent and Louisiana engineering, constructing and operating sour gas assets, compressor stations, treating facilities, processing plants and fractionators, as well as crude oil gathering and transportation pipelines and terminals. Prior to Stakeholder, Mr. Gray served as vice president of engineering at TexStar Midstream, where he led a team that was responsible for the company’s organic growth through the design, construction and operation of all natural gas, crude oil and NGL facilities. Thompson & Knight LLP represented EnCap Flatrock Midstream with partner Sarah E. McLean leading the legal team from the firm’s Houston office.