Voyager Midstream, a US-based independent oil and gas company, has secured an initial equity commitment from Pearl Energy Investments.
The company, which was formed in 2023, did not disclose the quantum of the investment.
Headquartered in Houston and Midland, Texas, Voyager is focused on midstream acquisition and development prospects across North America.
It plans to use the investment to explore the development of infrastructure for the production of natural gas, crude oil and produced water in significant North American supply basins.
Voyager is led by co-founders Will Harvey, CEO, and Martin McHale, chief operating officer.
In his most recent position as senior vice-president of corporate development, Harvey supervised strategic expansion activities for Aris Water Solutions, including the company’s initial public offering in 2021.
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McHale served as the chief operating officer of Oryx Midstream.
Prior to its merger with Plains All American in 2021, Oryx was the largest privately owned operator of crude oil collecting and transportation in the Permian Basin, Voyager noted.
Harvey said: “We are thrilled to have a strong financial partner like Pearl as we build Voyager into a premier midstream business. We admire Pearl’s proven track record of successful partnerships and value creation in the energy industry.
“American oil and gas supply is and will remain critical in meeting global energy needs. We believe the current environment to acquire, enhance and develop midstream infrastructure to support this supply is particularly attractive.”
Pearl partner Stewart Coleman said: “Will and Martin have been very successful during their tenure in the energy industry and both are well known and respected amongst their peers. We are excited to partner with them as they aggressively pursue the acquisition and development of strategic midstream infrastructure.”