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Intensity Midstream Lands $300MM in Commitments
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Quantum Energy Partners has announced the formation of Intensity Midstream LLC with founders Joseph L. Griffin and Derek G. Gipson.
Supported by initial equity commitments in excess of $300 million from Quantum and the Founders, Intensity will pursue the acquisition, development, and operation of high quality midstream assets across select North American basins.
The Founders are accomplished leaders in the midstream energy space, having most recently served as President & Chief Executive Officer and Executive Vice President & Chief Financial Officer, respectively, for Hiland Partners, LP ("Hiland"). The Founders successfully re-focused the partnership into the largest dual provider of crude oil and natural gas midstream services in the Bakken Shale until its sale to Kinder Morgan, Inc…
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