SituationAn oil and gas producer was in the process of negotiating a large acreage dedication with a midstream provider. The producer engaged AEGIS to review the contract and identify opportunities for additional participation. | SolutionAEGIS identified and negotiated a joint venture structure. The producer was able to participate with 40% equity in the midstream asset in exchange for its acreage dedication. |
OutcomeAfter 18 months, the midstream company monetized the asset for $1.5 billion. The producer received ~$600mm in proceeds related to its 40% equity stake. |
