Caiman Energy II secures $800 million in funding for Utica Shale infrastructure

After selling “substantially all of its Marcellus assets” in a deal where its wholly owned subsidiary Caiman Eastern Midstream LLC was sold to Williams Partners, Caiman Energy II LLC announced recently that it has secured “$800 million in equity commitments for the development of midstream infrastructure in Ohio and Pennsylvania’s Utica Shale,” the Oil & Gas Financial Journal reports (See the Mar 21, 2012, blog – “Williams Partners to buy Caiman Energy subsidiary for $2.5 billion”). Funding for Caiman’s Utica initiative will be provided by “Williams Partners, EnCap Flatrock Midstream of San Antonio, Highstar Capital of New York, and management,” the article said. For more, read the full story here.

Ohio, Pennsylvania