In pursuit of acquisitions and development opportunities
Haddington pursues both acquisitions and development opportunities in the natural gas and liquids gathering and processing sector. We consider both acquisitions with the potential for operational improvement as well as greenfield developments. Both acquisition and development of gathering and processing projects move more quickly to cash flow than gas storage, typically one to three years. Additionally, leverage is available earlier and at higher debt-to-total-capitalization ratios.
Among Haddington’s investments is Tristream Energy, which owns and operates gathering, processing and treating assets in six East Texas counties as well as a condensate stabilization and treating facility. Previous investments have included Sago Energy in Louisiana and Texas and Bear Paw Energy in Wyoming.
Haddington both acquires and develops gathering and processing assets.
Note: The companies mentioned on this page represent all active as well as all realized investments in this sector of the market as of August, 2013. Holdings are subject to change.