CSV Midstream Solutions Corp. Acquires KANATA Energy Group

Woodsman Energy Acquires Central and Northern Alberta Oil & Gas Assets

March 28, 2024

Oil & Gas

Woodsman Energy Corp., with financing provided by a fund managed by Westbridge Capital Ltd., closed the acquisition of oil and gas assets in Central and Northern Alberta (Sullivan Lake and Valhalla) on March 28, 2024. The properties add approximately 400 boe/d of production (about 60% oil/NGLs), are >95% working interest and mostly operated, and expand Woodsman's portfolio of long-life, low-decline assets.

Enterprise Products Partners Acquires Navitas Midstream

February 17, 2022

Energy

Enterprise Products Partners L.P. completed the previously announced $3.25 billion acquisition of Navitas Midstream Partners, LLC, giving Enterprise a foothold for natural gas gathering, treating and processing in the Midland Basin. Navitas' assets include ~1,750 miles of pipelines and over 1 billion cubic feet per day of cryogenic natural gas processing capacity backed by long-term contracts.

Voyager Midstream Acquires East Texas Gas Gathering and Processing Assets From Phillips 66

September 3, 2024

Energy

Voyager Midstream Holdings, a Pearl Energy Investments portfolio company, acquired natural gas gathering and cryogenic processing assets from Phillips 66 located in East Texas and north Louisiana, including roughly 550 miles of pipelines, 400 MMcf/d processing capacity, and 12,000 bpd fractionation capacity. The deal also includes the Carthage Hub, a major gas trading and delivery hub with >1 Bcf/d handling capability, and is intended to expand Voyager's footprint in the Haynesville Shale and improve producer connectivity to Gulf Coast markets.

SPATCO Energy Solutions Acquires MSCS Ltd.

June 13, 2023

Industrial Services

Kian Capital-backed SPATCO Energy Solutions completed the acquisition of MSCS Ltd., a Dallas-based petroleum services company, expanding SPATCO's footprint into Texas and adding operations in Dallas, Fort Worth, San Antonio and Houston. The transaction is an add-on to the SPATCO platform (its fifth acquisition since Kian's 2020 investment) and supports the platform's geographic expansion and service capability growth in petroleum and EV infrastructure services.

CSL-Backed Kanaci Technologies Acquires Vericor Power Systems

August 12, 2021

Energy

CSL Capital Management formed Kanaci Technologies as an industrial decarbonization platform and, through Kanaci, acquired Vericor Power Systems, a global supplier of aeroderivative gas turbines. The deal integrates Vericor into Kanaci's power generation platform alongside BJ Energy Solutions to expand low-emission power and industrial capabilities.

Canes Midstream (EIV/Denham-backed) Acquires Cogent Midstream

May 25, 2022

Oil & Gas

Canes Midstream LLC, a Dallas-based portfolio company of EIV Capital and Denham Capital, has acquired Cogent Midstream LLC and its Southern Midland Basin assets. The Cogent system includes 520 MMcf/d of processing capacity, over 800 miles of pipeline, 42 compressor stations, a crude oil gathering system and acreage dedications across 10 Midland Basin counties; the acquisition will expand Canes' Midland Basin footprint and support Permian production growth.