Lucid Energy Group Secures $75M Equity Commitment from EnCap Flatrock Midstream

Lucid Energy Group, LLC, a Dallas, Texas-based startup midstream company, has secured a $75m equity commitment from EnCap Flatrock Midstream.

Led by President Michael J. Latchem; CFO W. Kyle Bebee; and COO Jay L. Langham, Lucid Energy Group provides oil and natural gas producers with a full range of midstream services, including crude oil and natural gas gathering, gas compression, treating, processing and transmission.

The company will pursue greenfield initiatives and acquisitions in conventional and unconventional resource basins across the country with a particular emphasis on the Mid-Continent region.



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