Combination of EagleClaw and Altus to create midstream ‘super system’ in Delaware Basin: CEO

The reverse merger acquisition of Altus Midstream by EagleClaw Midstream in the Permian’s still-booming Delaware Basin will create a “super system” in the region that is set to benefit from increasing drilling activity because of multiyear high natural gas and crude oil prices, EagleClaw CEO Jamie Welch, who will lead the combined company, said in an Oct. 22 conference call.

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Source: S&P Global