Porter Hedges Represents the Management Team in the Launch of Laser Midstream Energy
Porter Hedges represented the Management Team in the launch of Laser Midstream Energy (“Laser”). Laser will seek to acquire, build, and expand natural gas, oil, and water transportation and processing assets to dramatically increase efficiency in North America's oil and gas sector, focusing on multiple basins for opportunities.
The new company is being financed by an equity commitment from Energy Spectrum Capital and is led by midstream industry veteran I.J. "Chip" Berthelot, II, his fourth private equity-backed midstream venture in two decades.
For additional information, please see the Laser press release here.