Private equity fund BP Natural Gas Opportunity Partners LP committed $20 million to Houston-based Pinnacle Midstream LLC. Pinnacle will acquire and develop midstream assets and provide related services in natural gas producing basins in the U.S.
Through strategic acquisitions and greenfield projects, Pinnacle plans to provide gathering, processing, treating and compression services. Pinnacle expects to focus its operations in Texas, New Mexico, Louisiana, Oklahoma and Mississippi.
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