Jones Day Helps Rangeland Secure $200M Equity Commitment

Law360, Houston (January 10, 2013, 4:55 PM EST) -- Texas-based oil and gas developer Rangeland Energy LLC secured $200 million in equity-backed financing from EnCap Flatrock Midstream, enabling it to expand midstream assets connecting energy plays with refineries and market hubs across North America, the companies announced Thursday.

EnCap’s investment in Rangeland — the second since 2009 — gives it a controlling stake in the company that focuses on developing, acquiring, owning and operating midstream infrastructure for crude oil, natural gas, natural gas liquids and other petroleum products, Rangeland spokesperson Casey A. Nikoloric said Thursday....
To view the full article, register now.