Quantum Energy Partners Announces the Combination of Xplorer Midstream LLC and Intensity Midstream LLC and the 200 MMcf/d Expansion of its Grady Processing Plant
Quantum Energy Partners announced the combination of two of its portfolio companies – Xplorer Midstream LLC, owner and manager of Woodford Express, LLC, and Intensity Midstream LLC. As a result of the combination, employees of Xplorer will join Intensity to create a best-in-class midstream team with a mandate to drive additional growth initially in central Oklahoma but also across multiple basins throughout the United States.
Group commits more than $300 million to form new Tulsa energy company, Intensity Midstream LLC
Two veterans of Hiland Partners are reunited to form a new Tulsa-based oil and gas pipeline, storage and processing firm. Joseph Griffin and Derek Gipson are founding Intensity Midstream LLC. The plan is to build or acquire and develop energy transportation, terminal and treatment assets connected to North America basins.
Quantum Energy Partners Announces Partnership with Intensity Midstream
Quantum Energy Partners 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.