Sentinel Midstream and ExxonMobil to form a joint venture Enercoast Midstream Louisiana.

Sentinel Midstream, a midstream solutions provider, and ExxonMobil, an energy company, agreed to form a joint venture Enercoast Midstream Louisiana, a pipeline services provider. Financial terms were not disclosed. "We are extremely pleased to continue the growth of our joint venture with ExxonMobil to maximize the potential of Enercoast in the critical Louisiana crude oil market. ExxonMobil and Sentinel's decision to form a second joint venture, in a new geographic area, speaks to the growth of our relationship and the value each party places on it," Jeff Ballard, Sentinel President and CEO.