Vista Oil & Gas/ Riverstone/ Southern Cross Group investment in Aleph Midstream

Overview:

• Vista Oil & Gas, Riverstone, Southern Cross and other sponsors have invested in and formed Aleph Midstream, the first company dedicated to midstream services in the Vaca Muerta basin. 
• Riverstone, Southern Cross Group and other sponsors will invest up to $160 million over two years in Aleph and will receive an equity stake of up to 78.4%.
• Vista will exchange the majority of its midstream assets in the Neuquina basin for a 21.6% stake in Aleph.

Rani Mehta - Latin America Editor