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Investors - JANUARY 31, 2020

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Trace Midstream announces new focus area in the Haynesville Shale

by Released

Trace Midstream and Gemini Midstream, each a portfolio company of Quantum Energy Partners, announced the combination of management teams to focus on the continued growth and expansion of the Gemini Carthage Pipeline (GCP), an existing 50-mile natural gas system in Texas’s Harrison and Panola counties, capable of delivering in excess of 1.2 billion cubic feet per day of high-pressure, dry natural gas into the Carthage, Texas, area.

The combination of Trace and Gemini’s highly skilled workforces and senior management teams provides customers with a dedicated team of energy professionals. Going forward, the combined team will operate as Trace Midstream, and Josh Weber will assume the role of CEO with John O’Shea as chairman of the board.

“Since its initial in-service date of May 2019, GCP has seen a significant ramp in volumes from its two anchor producers, Rockcliff Energy and Tanos Exploration,” said Weber. “GCP offers its customers access to premium and gro

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