Winston & Strawn LLP provided legal counsel to Tall Oak Midstream, while Shearman & Sterling LLP represented EnCap Flatrock Midstream. Thompson & Knight LLP served as Tailwater Capital and Connect Midstream's legal counsel in connection with the negotiation and documentation of the transactions. served as Tailwater Capital and Connect Midstream's financial adviser. "These transactions are the next logical step in both Tailwater and Connect Midstream's long-term Arkoma STACK consolidation and growth strategy and will significantly expand our footprint and processing capacity in the liquids-rich Arkoma Basin," said Tailwater Capital Co-Founder and Managing Partner Jason Downie. DALLAS, Ma/PRNewswire/ - Tailwater Capital LLC ('Tailwater'), a private equity firm based in Dallas, today announced that it has closed Tailwater Energy Fund. OSGS's assets consist of high-pressure wellhead gathering lines and a dehydration facility. EnCap Flatrock Midstream will retain ownership of the assets in a new entity called the Oklahoma STACK Gathering system, or OSGS, which will be managed by the Tall Oak management team. Rocketreach finds email, phone & social media for 450M+ professionals. In a separate transaction, Tailwater will also acquire most of Tall Oak II's assets, excluding its assets in Custer County, Okla. Get Jason Downie's email address () and phone number (214435.) at RocketReach. Tall Oak III's assets comprise more than 120 miles of low-pressure and high-pressure pipelines in the Arkoma Basin, as well as the Panther Creek Plant. ![]() 27 news release.Īs part of the Tall Oak III transaction, Ryan Lewellyn, Carlos Evans, Max Myers and Lindel Larison of the Tall Oak team will operate a midstream service provider and an existing Tailwater portfolio company called Connect Midstream, which is located in the same geographic region. Dallas-based private equity firm Tailwater Capital LLC signed definitive agreements to acquire Tall Oak Midstream II LLC and Tall Oak Midstream III LLC from EnCap Flatrock Midstream for an undisclosed amount, according to a Jan.
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