One-Page Deal Sheet
PE-Backed Clearfork to Acquire Azure Midstream
Clearfork Midstream LLC Azure Midstream
Announced Date
January 19,2022
Transaction Type
Corporate
Location
Region
Ark-La-Tex
Country
United States
State
Texas
Play
Transaction Details: Require Private Equity Subscription
Clearfork Midstream LLC has agreed to purchase Azure Midstream Energy LLC.
Transaction terms were not disclosed.
Clearfork Midstream is backed by EnCap Flatrock Midstream.
The transaction is subject to standard regulatory approvals and is expected to close during the first quarter of 2022.
Assets:Azure Midstream’s natural gas gathering and treating platform spans the core areas of the Haynesville Shale formation and includes more than 500 miles of pipeline and 1.2 billion cubic feet per day of treating capacity across systems in North Louisiana and East Texas. Azure Midstream has nine…
Ark-La-Tex Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Apr-01-2020 |
-  |
- |
Click here | Oklahoma | Midstream |
| Nov-11-2019 |
- |
- |
Click here | Texas | Midstream |
| Oct-18-2019 |
- |
- |
Click here | Louisiana | Midstream |
| Nov-16-2018 |
- |
- |
Click here | Texas | Midstream |
| Sep-13-2017 |
- |
- |
Click here | Texas | Midstream |