The JV partners include Williams Partners, EnCap Flatrock Midstream, Highstar Capital and Caiman management and together these members are expected to invest about $800m for the development of natural gas, natural gas liquid and crude oil gathering and processing infrastructure.
Williams Partners chief executive officer Alan Armstrong said, "This new midstream venture can leverage the commercial relationships and success of Caiman’s management and investors, along with Williams Partners’ long experience in successfully constructing and reliably operating large-scale midstream infrastructure."
Caiman Energy chief executive officer Jack Lafield said, "Together with our other equity partners, Williams’ financial strength and experience allows Caiman Energy to continue to provide our producer customers with the best possible midstream solutions as they develop drilling locations in this exciting play."
US based Caiman Energy is a midstream energy company focused on providing the infrastructure necessary to move natural gas products.
Williams Partners is a US based company focused on natural gas transportation; gathering, treating, and processing; storage; natural gas liquid fractionation and oil transportation.
