July 23, 2015
Denver, CO - July 23, 2015 - W.G. Nielsen & Co., a premier investment banking firm headquartered in Denver, announced today that it acted as intermediary between First River Energy and RWE.
First River Energy LLC, a midstream energy company based in Denver, today announced it has acquired Texas Gathering Company LLC along with two complementary crude gathering companies.
First River Energy is evolving the crude oil gathering business for independent producers through its strategically located logistics infrastructure, websites, mobile applications, and data gathering systems.
San Antonio-based Texas Gathering Company is a privately owned crude oil marketing and transportation company that gathers approximately 24,000 barrels per day, primarily in Texas. Owner Travis Davis and his management team have joined First River Energy and will continue to manage the business. "Texas Gathering will continue its position as a key logistics partner in an underserved market," said First River Founder and CEO Johan Themaat.
RWE Supply & Trading GmbH (RWEST) is a wholly owned subsidiary of RWE.
About Green Eagle Networks, Inc.
Green Eagle Networks is a Boulder, Colorado-based company that owned and operated wireless services in the Scottsbluff, NE market area known within the FCC market designations as BTA 411.
About W.G. Nielsen & Co.
W.G. Nielsen & Co. is one of the Rocky Mountain region's premier FINRA-registered investment banking firms, specializing in mergers and acquisitions and innovative capital solutions. Founded in 1996, Denver-based W.G. Nielsen & Co. is the oldest independently owned investment banking firm in the region. The firm differentiates itself with a staff of senior investment bankers who have broad experience and important relationships in their areas of expertise. The firm's bankers have collectively closed hundreds of transactions throughout the United States and internationally.
For information on the above transaction, please contact Patrick O'Keefe @ 303.320.3777 or visit our website.