4 AM Midstream Acquires White Star Petroleum Assets
4 AM Midstream, LLC has acquired midstream oil and gas gathering assets from White Star Petroleum, LLC, an independent oil and natural gas exploration and production company headquartered in Oklahoma City.
The acquired assets are located in central Oklahoma and include 253 miles of gas gathering pipelines including 26 miles of high pressure lines and 214 miles of crude oil gathering pipelines.
“The acquisition of White Star’s midstream assets is the first phase of our overall strategy for Central and Western Oklahoma,” said 4 AM Midstream CEO Aubrey Harper. “The system was built to accommodate a substantial drilling and production program in the Mississippi Lime play. 4 AM has identified an opportunity to leverage this asset to additionally provide gathering services to producers in the fast-growing STACK basin in Oklahoma who are currently trucking their production.”
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