Bayou Midstream II Partners with EIV Capital
HOUSTON—Bayou Midstream II, LLC ("Bayou II") has made a notable announcement regarding a significant equity commitment from EIV Capital, LLC ("EIV"). This partnership builds on the successful track record of Bayou Midstream, LLC ("Bayou I"), highlighting the strong relationship between both companies. Based in Houston, Bayou II is focused on acquiring, developing, and managing midstream infrastructure throughout North America.
Leadership and Expertise
At the helm of Bayou Midstream II are Chief Executive Officer Travis Roby and President and Chief Financial Officer Ross Lairson. This leadership team brings a wealth of experience in the midstream sector, having worked in some of the most productive oil and gas basins throughout the United States.
Ongoing Relationship with EIV
This equity commitment marks the second collaboration between Travis and Ross with EIV Capital, following the establishment of Bayou I in 2018. Under Bayou I, the team successfully initiated various strategic midstream assets in the Bakken shale region. Their accomplishments include developing the Leviathan Crude Gathering system, the Fairview Connector interstate pipeline, the Alexander Connector Pipeline, and several essential crude terminals.
Commitment to Service and Integrity
Expressing his enthusiasm for the continued partnership, Travis Roby stated, "We are excited to maintain our relationship with EIV. Bayou is dedicated to being an agile midstream partner, prioritizing exceptional customer service and integrity. We believe in working collaboratively, where our partners' successes reflect our own—a principle that has driven Bayou I's accomplishments and will influence the future of Bayou II."
Support and Growth
Greg Davis, a partner at EIV, added to this sentiment, saying, "We are fortunate to renew our collaboration with a talented team that has demonstrated success in midstream acquisitions and greenfield development. Since 2018, we have fostered a strong working relationship with Travis, Ross, and the Bayou team. We look forward to supporting their efforts in acquiring, developing, and operating oil and gas infrastructure assets."
About Bayou Midstream II, LLC
Bayou Midstream II is a full-service midstream company based in Houston, dedicated to developing and acquiring vital midstream infrastructure. To learn more, you can visit their official website.
About EIV Capital
Founded in 2009, EIV Capital operates from Houston and specializes in providing growth equity to the North American energy sector. The company seeks investment opportunities that deliver value through innovative infrastructure and operational efficiency. Their management team possesses extensive experience in leading and investing in successful energy companies.
Frequently Asked Questions
What is the primary focus of Bayou Midstream II?
Bayou Midstream II primarily concentrates on acquiring, developing, and operating midstream infrastructure throughout North America.
Who are the main executives at Bayou Midstream II?
The leadership team includes Travis Roby as CEO and Ross Lairson as President and CFO.
What types of projects did Bayou Midstream I develop?
Bayou Midstream I managed significant projects in the Bakken shale, including various pipelines and crude terminals.
When was EIV Capital established?
EIV Capital was founded in 2009 and is headquartered in Houston, Texas.
What is the connection between Bayou Midstream II and EIV Capital?
Bayou Midstream II has secured an equity commitment from EIV Capital, continuing their successful partnership that began with Bayou Midstream I.