Finance & Investing | Top Story | General | New Company / Start-Ups | Capital Markets | Private Equity Activity
EnCap Makes $150 Million Commitment to New Midstream Co.
Print
|
Isis Energy LLC, a new midstream company focused on the transportation, storage and distribution of crude oil and related products, today announced a $150 million commitment from EnCap Flatrock Midstream.
The Houston-based Isis will use the capital to provide logistics and infrastructure for moving, storing and blending low-gravity crude and other products including residual fuel oil, asphalt and reclaimed products. Isis will serve producers, refiners, traders and other marketers and suppliers by providing rail and waterborne solutions in the United States and Canada.
Isis is led by President A.J. Brass, who has been involved in the refining, transportation, marketing and distribution of crude and petroleum products for more than 20 years, most recently as president of Gulf Coast Asphalt…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations