![]() We are excited to work with Blue Racer’s existing owners and the Company’s experienced management team to capitalize on a strong growth platform poised to create value for our investors.” This historical and current portfolio experience leads us to believe the Utica shale is one of the premier rich natural gas development areas in the U.S., and, in our view, Blue Racer is particularly well-positioned to capture this opportunity. In addition, we have a long history of investing in the Utica shale, most notably through our ownership of Ascent Resources which is currently the largest natural gas producer in the basin. Gary Reaves, Managing Director at First Reserve, stated, “First Reserve has a deep history of investing behind some of North America’s most significant midstream operators. The Company believes its strategically located assets and contractual relationships with material customers will allow it to retain and grow its position as a leading midstream company serving customers in the Utica and Marcellus shale plays. ![]() These commitments are comprised of multi-year contracts that include various types of commercial arrangements, including acreage dedications, well pad dedications, first flow commitments, minimum volume commitments, and demand payments. With more than 700 miles of gathering pipeline and 800 million cubic feet per day of cryogenic processing capacity, Blue Racer’s business is underpinned by a high degree of operational reliability and significant contractual commitments from its customers. Blue Racer provides natural gas gathering, compression, dehydrating, treating, processing, fractionation, and transportation services, forming an interconnected midstream business. The transaction is expected to close prior to year-end 2018, subject to regulatory approvals.īlue Racer is a joint venture formed in December 2012 by Dominion and Caiman Energy II, LLC (“Caiman II”) to own, operate, develop and acquire midstream assets in the Utica Shale and certain adjacent areas in the Marcellus Shale. – Novem– First Reserve, a leading global private equity investment firm exclusively focused on energy, today announced an agreement to purchase Dominion Energy’s (NYSE: D) 50% interest in Blue Racer Midstream, LLC (“Blue Racer” or “the Company), funded in part by equity from First Reserve Fund XIII and investment funds affiliated with First Reserve. STAMFORD, CT HOUSTON, TX DALLAS, TX LONDON, U.K. Black (melanistic) Eastern Garter Snakes have heavily keeled scales and an undivided (single anal plate).FIRST RESERVE ANNOUNCES AGREEMENT TO ACQUIRE DOMINION ENERGY’S 50% INTEREST IN BLUE RACER MIDSTREAM, LLC Young Black Rat Snakes have a black stripe from the eye to the back edge of the jaw. Scale Count:ġ7 scale rows at midbody Species Confused With:īlack Rat Snakes and Fox Snakes both have weakly keeled scales and a nearly square cross section body shape, while the Blue Racer has smooth scales and a nearly round body. The pattern gradually fades with age and is usually replaced by adult coloration by the time the snake reaches a length of 27.5 – 35” around the age of 2 or 3 years. The head, belly, and sides are pigmented with many dark spots. Newborns can be 7.5 – 14” in length, and are decorated with a pattern of gray, brown, or maroon dorsal blotches with black borders on a gray or brown background. Males have slightly longer tails that bulge near the vent due to hemipenes (reproductive structures). Eyes are large and have distinct brow ridges. Large active snakes with unkeeled shiny scales. Upper labial (lip) scales are whitish or yellowish, as are chin and throat. Belly is generally bluish, white, or cream. May be a uniform gray, bluish gray, turquoise, olive, or brown above, with a slightly darker head and usually a black “mask” behind the eye. More moist areas, including grassy lake edges and marshes, are also sometimes occupied. Preferred habitat is dry and sunny with access to cover, including shrubby fence lines, old fields, hedgerows, thickets, open forest, and woodland edges. MDNR Wildlife Action Plan Status: Species of Greatest Conservation Need Status: Generally common, though populations in Southern Michigan have experienced declines while some in Northern Michigan have experienced range expansions. Scientific Name: Coluber constrictor foxi
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