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July 28, 2006
Lonestar Midstream
announces the closing of
a multiple advance term
credit facility with
Goldman, Sachs & Co.
May 12, 2006
Lonestar Midstream
announces the addition
of Randy Margo to
the company’s
management team.
March 15, 2006
Lonestar Midstream
announces the Southern Barnett Loop project
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History:Company formed in 2005
Services:
Engaged in midstream natural gas business providing compression, dehydration, gathering and processing services.
Locations:
Headquarters: Irving, Texas
Field Office: Cleburne, Texas
Summary of Assets:
- Pipeline assets provide midstream services for 6 counties of the Barnett Shale
- 3 gas pipeline systems with over 60 miles of expansion under construction
- 3 compressor and dehydration stations with approximately 5,800 horsepower of compression in place with another 5,800 horsepower ordered
- Existing pipeline capacity to gather 170,000 MMcf/d with expansion plans to increase available capacity to 350,000 MMcf/d
- Innerconnects with both the NTP 36” and ETC 42” pipelines
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