Targa to boost Permian natgas footprint with $3.55 bln Lucid Energy deal
Oil and gas infrastructure company Targa Resources on Thursday agreed to buy natural gas processor Lucid Energy Group for $3.55 billion in cash, using the financial benefits of high commodity prices to boost its presence in the Permian Basin. Owned by private equity firm Riverstone Holdings LLC and Goldman Sachs Asset Management, Lucid is one […]
Targa to boost Permian natgas footprint with $3.55 bln Lucid Energy deal
Oil and gas infrastructure company Targa Resources on Thursday agreed to buy natural gas processor Lucid Energy Group for $3.55 billion in cash, using the financial benefits of high commodity prices to boost its presence in the Permian Basin. Owned by private equity firm Riverstone Holdings LLC and Goldman Sachs Asset Management, Lucid is one […]