Clearfork Midstream LLC

Secured an initial capital commitment from EnCap Flatrock Midstream  LLC. Concurrently, also entered into a definitive agreement to purchase Azure Midstream Energy LLC, which has a natural gas gathering and treating platform spanning the core areas of the Haynesville Shale formation and includes more than 500 miles of pipeline and 1.2 Bcf/d of treating capacity across systems in North Louisiana and East Texas. Additional capital will be used to optimize the efficiency of Azure Midstream’s systems in support of existing customers and to pursue additional acreage dedications, throughput volumes and regional infrastructure. Latham & Watkins LLP served as legal adviser to EnCap Flatrock and Vinson & Elkins LLP served as legal adviser to Clearfork.