Ares Management and ARM Energy formed Salt Creek Midstream.

Ares Management and ARM Energy formed Salt Creek Midstream, which will primarily be comprised of multiple cryogenic processing facilities, as well as gas and crude gathering pipelines, compression and treating facilities. Financial terms were not disclosed. Nate Walton, Partner and Co-Head of North American Private Equity, said, “Ares is excited to collaborate with the ARM Energy team on Salt Creek Midstream, which is located in one of the most prolific energy plays in North America. We believe that this company will benefit from the combination of our industry experience and long-term relationships in the sector as well as ARM’s extensive midstream, downstream and marketing knowledge.”