T&K Mentioned in San Antonio Business Journal on EnCap / Lucid Sale

“San Antonio private equity firm sells midstream company in $1.6 billion deal” ; Jan. 8, 2018

San Antonio-based private equity firm EnCap Flatrock Midstream and Dallas-based Lucid Energy Group have entered into a $1.6 billion deal to sell more than 1,700 miles of natural gas pipelines and other assets in the Permian Basin.

EnCap Flatrock Midstream and Lucid Energy Group announced Monday morning that the two companies have agreed to sell Lucid Energy Group II LLC — a natural gas pipeline and processing project in West Texas and eastern New Mexico.