Akin Gump Advises EagleClaw Midstream in Closing of Caprock Midstream Acquisition

(Houston) – EagleClaw Midstream, funds managed by Blackstone Energy Partners, and I Squared Capital announced today the closing of EagleClaw’s previously-announced agreement to acquire Caprock Midstream. The acquisition further augments EagleClaw’s position as the leading privately-held midstream operator in the Permian’s Delaware Basin in west Texas.

The deal was initially announced in September 2018 (read more here).

Thomas J. McCaffrey and Patrick Hurley, partners in Akin Gump’s global energy and transactions practice, led the team advising Blackstone and EagleClaw. They were joined by:

• global energy and transactions partners William Morris, Robert Shearer, Andrew Lehman and Shar Ahmed; counsel Stephen Boone and Mary Lovely, and associates Jack Polisini and Matthew Turner;
• tax partner Alison Chen and senior counsel Michael Gerald
• energy regulation, markets and enforcement senior counsel Vera Neinast
• environment and natural resources partner David Quigley and senior counsel Andrew Oelz
• corporate partner Scott Welkis
• labor and employment partner Brian Patterson

Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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