Ares Management completed an investment in Salt Creek Midstream.

Investment firm Ares Management completed an investment in Salt Creek Midstream, a full service natural gas gatherer and processor. Financial terms were not disclosed. "We believe this recapitalization is an important step in securing Salt Creek Gas’ long-term success and gives it the flexibility to continue to pursue its exciting growth plans in the Delaware Basin, which has been one of the most prolific energy plays in North America. We are grateful to Salt Creek Gas’ investors and lenders for investing additional capital in the business and supporting it through this recapitalization process," John Poarch, Salt Creek Gas President.