First River Energy LLC, a Denver, CO-based midstream energy company, has acquired San Antonio, TX-based Texas Gathering Company LLC.
Texas Gathering Company, a privately-owned crude oil marketing and transportation company, gathers approximately 24,000 barrels of oil per day, primarily in Texas. Owner Travis Davis and his management team have joined First River Energy and will continue to manage the business under the same name.
“Texas Gathering Company is a well-run business with a strong management team, highly qualified employees, long-term customer relationships and strategically located logistics and transportation assets throughout Texas, Louisiana and Oklahoma,” said Johan Themaat, First River Energy founder and CEO.
First River Energy is growing its gathering and marketing network and pursuing new customers and acquisition opportunities throughout North America.