Beaumont, TX-based Stabilis Energy LLC has completed the purchase of a majority interest in Prometheus Energy Group Inc., a leading turnkey natural gas fueling firm that last September announced its intention to buy Stabilis. The terms and value of the deal were not made public by the privately held companies.
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Articles from Prometheus
Stabilis Buying Small-Scale LNG Facility in Utah
Beaumont, TX-based Stabilis Energy LLC said Tuesday it would buy for an undisclosed amount Prometheus Energy’s 20,000 gallon/day small-scale liquefied natural gas (LNG) production facility in Lisbon, UT.
Apache to Expand LNG in Drilling Operations
Under a new deal announced Monday by Houston-based Prometheus Energy Group Inc., Apache Corp. will expand its use of liquefied natural gas (LNG) in drilling and hydraulic fracturing (fracking) operations. The agreement is an expansion of an existing contract between the two Houston-based energy companies.
Prometheus’ LNG to Fuel Antero Rigs in Marcellus, Utica
Prometheus Energy Group Inc. announced that it had signed a multi-year agreement to supply Antero Resources with enough liquefied natural gas (LNG) to power “a significant portion” of Antero’s natural gas-fueled drilling rigs in the Marcellus and Utica shales.