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Candor Midstream Secures $200 Million Equity Commitment from EnCap Flatrock Midstream

August 21, 2018
Candor Midstream

Candor Midstream, LLC (“Candor”) today announced an initial venture capital commitment of $200 million from EnCap Flatrock Midstream (“EnCap Flatrock”). Headquartered in Houston and established in 2017, Candor is an independent energy company focused on the development of midstream infrastructure across North America. Candor is pursuing organic, greenfield projects and select acquisition opportunities.

Candor offers tailored midstream solutions including gas gathering, processing and treating; crude oil gathering, terminaling and logistics; and produced water gathering. 

Resources

Annual Energy Outlook

Energy Information Administration, 2019

The State of American Energy

American Petroleum Institute, 2019