Altus and eagleclaw announce all-stock business combination; creates a leading pure-play permian integrated midstream company with a capital return focus

Houston, oct. 21, 2021 (globe newswire) -- altus midstream company (nasdaq: altm) (“altus”) announced today it will combine with privately-owned bcp raptor holdco lp (“bcp”) in an all-stock transaction. bcp is the parent company of eagleclaw midstream, which includes eagleclaw midstream ventures, the caprock midstream and pinnacle midstream businesses, and a 26.7% interest in the permian highway pipeline.
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