TULSA, Okla.--(BUSINESS WIRE)--Effective April 24, 2023, SP Investor Holdings LLC (“SP Investor”), which is jointly owned by OPTrust and Partners Group, a leading global private markets firm, acting on behalf of its clients, completed the purchase of Unit Corporation’s 50% interest in Superior Pipeline Company (“Superior” or the “Company”) resulting in SP Investor owning 100% of Superior. With the completion of this purchase, SP Investor will change the Company’s name to Superior Midstream, LLC.
“The Superior team is pleased with SP Investor’s committed partnership and name change which will better align Superior to grow the company and increase shareholder value,” said Bill Ward, President and CEO of Superior Midstream. “The rebranding will better identify Superior within its peer group and define the natural gas gathering and processing infrastructure services we provide to our upstream customers.”
About Superior Midstream, LLC
Superior Midstream, LLC is a full service midstream company committed to providing unmatched services for gas gathering, compression, processing, treating, dehydration, and marketing of natural gas and natural gas liquids. For more information about Superior Midstream, LLC, visit its website at http://www.superiormidstream.com.
