We are excited to tell you about our future!
And we hope you will be a part of it.
Hope you are having a great start to 2019. You may have seen the recent announcement that our highly experienced management team launched Laser Midstream Energy (“Laser3”) in February 2019. This, our 4th private equity backed midstream venture, will seek to acquire, build and expand natural gas and oil transportation and processing assets to dramatically increase efficiency in North America’s oil and gas sector. We will focus on multiple basins for opportunities. Our new tagline says it all: Energy Delivered!
North America is awash with new oil and gas development, all of which needs to be gathered, processed and transported to market. Laser’s battle-tested, customer-service-driven management team understands how to maximize corporate resources to develop, own and operate midstream energy infrastructure, with maximum efficiency, while maintaining a dual focus on growth and safety.
To achieve our aggressive corporate goals over the next three years, Laser is seeking multiple new business opportunities and business counter-party partners. Our expertise is in closing acquisitions and combining assets to harness synergies; expanding those footprints to extend those synergies; and executing high-return infrastructure projects from scratch. We always maintain a “laser”-like focus on delivering win-win value for all stakeholders.
As Laser continues to grow, it’s worth noting Azure’s assets were not sold by its owners in 2018. We will continue to manage and develop the Azure Midstream system assets to increase value, decrease costs and maintain a singular focus on award-winning safety.
We look forward to updating you here on Laser’s progress and working together in the days ahead.
IJ "Chip" Berthelot, II