Bayou Midstream II Secures Equity Commitment From EIV Capital

Source: www.gulfoilandgas.com 9/18/2024, Location: North America

Bayou Midstream II, LLC (“Bayou II”) today announced an equity commitment from EIV Capital, LLC (“EIV”) following their successful partnership for Bayou Midstream, LLC (“Bayou I”). Headquartered in Houston, Bayou II is an independent energy company focused on the acquisition, development and operation of midstream infrastructure across North America.

Bayou II will be led by Chief Executive Officer Travis Roby and President and Chief Financial Officer Ross Lairson. Bayou II’s leadership team has extensive midstream experience within many of the most prolific basins in the United States.

This is Travis and Ross’ second equity commitment from EIV Capital since formation of Bayou I in 2018. Bayou I developed and operated strategic midstream assets in the Bakken shale, including the Leviathan Crude Gathering system, the Fairview Connector interstate pipeline, the Alexander Connector Pipeline, and the East Fairview and Alexander crude terminals.

“We are thrilled to continue our partnership with EIV Capital. Bayou will continue to be a nimble midstream partner with a focus on customer service and integrity. We believe when our partners succeed, we succeed; this mindset led to a successful midstream business with Bayou I and we are excited to continue this approach to building world class midstream assets with Bayou II,” said Travis Roby CEO of Bayou II.

“We are privileged to be renewing our partnership with a talented team that has a proven track record of success in midstream acquisitions and greenfield development,” said Greg Davis, Partner, EIV. “We have built a strong working relationship with Travis, Ross and the Bayou team since 2018 and look forward to supporting their efforts to acquire, develop and operate oil and gas midstream infrastructure assets.”


Barbados >>  12/2/2024 - The deal generated US$125 million in fiscal savings which will be channeled into new resilience investments.
The debt conversion represents innov...

Bermuda >>  12/2/2024 - Paratus Energy Services Ltd. has been notified of a trade completed by a fund managed by Lodbrok Capital LLP, a close associate to board member Joachi...

Canada >>  12/2/2024 -  Africa Oil Corp. (“Africa Oil”, or the “Company”) is pleased to announce that the Company repurchased a total of 636,300 Africa Oil common shares dur...
Canada >>  12/2/2024 - dynaCERT Inc. ("dynaCERT" or the "Company") is proud to announce repeat orders and new deliveries of its HydraGEN™ Technology to key customers in the ...

Canada >>  12/2/2024 - Gear Energy Ltd. ("Gear" or the "Company"), is pleased to announce that it has entered into an arrangement agreement (the "Agreement") with a large pu...
Canada >>  12/2/2024 - Thermal Energy International Inc. ("Thermal Energy" or the "Company"), a global provider of energy efficiency and emissions reduction solutions, has a...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.