Third Coast Midstream Announces Sale of its Final Non-Gulf Coast Related Assets

Source: www.gulfoilandgas.com 6/3/2021, Location: North America

Third Coast Midstream, LLC ("Third Coast Midstream") announced that on June 1, 2021 one of its subsidiaries completed the sale of Third Coast Midstream's final non-core asset, and the Company has fully reached the goal of becoming a Gulf of Mexico and Gulf Coast-focused midstream company,

"Third Coast Midstream is pleased to announce the sale of its final onshore asset outside its core Gulf of Mexico and U.S Gulf Coast platform", stated Matt Rowland, President and Chief Executive Officer of Third Coast Midstream. "I am proud of all that our team has achieved over the past 20 months, divesting 22 non-core assets and pivoting to become a pure-play Gulf of Mexico and Gulf Coast fee-based midstream infrastructure business."


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