A newly formed midstream operating and service company targets the Eagle Ford shale for growth and profit.
The midstream sector has experienced quite a turnaround during the past several years, moving form the lack of access to capital in 2008 and 2009 to the current period in which there has been a tremendous injection of capital into the market.
"When we were out looking for financial backing, we discovered there is no lack of capital," says Mike Howard, chairman and chief executive of newly formed Howard Midstream Energy Partners LLC (HEP). "That's been the easiest part of the equation. Finding a deal is much harder than finding the money for the deal."
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