Voyager Midstream Acquires Interest in Panola Pipeline

Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has closed on the acquisition of a non-operated interest in the Panola Pipeline from Phillips 66. The Panola Pipeline, operated by Enterprise Products Partners, spans 254 miles, transporting Y-Grade natural gas liquids from Panola County, Texas to Mont Belvieu, Texas. This acquisition complements Voyager's existing presence across East Texas and North Louisiana. Voyager owns significant natural gas infrastructure, including 550 miles of pipelines and the Carthage Hub. The acquisition aligns with Voyager's strategy to enhance customer service and access to growing NGL demands on the Gulf Coast. Alongside this acquisition, Voyager has secured a credit facility from Bank of Oklahoma, bolstering its capital resources and flexibility for future growth. Voyager focuses on midstream development and has been operating since 2023, while Pearl Energy Investments is a Dallas-based firm managing $3 billion in capital, targeting investments in the North American energy sector.