Company Description:
Aka Energy Group, whose sole owner is the Southern Ute Indian Tribe (SUIT), was established in 2002 to pursue business opportunities in the natural gas midstream sector of the energy industry outside the external boundaries of the SUIT Reservation. Aka Energy Group enjoys the SUIT's AAA credit ratings with both Standard & Poor's and Fitch. Current assets consist of eight gas processing and treating plants, 1,730 miles of gas gathering pipelines connected to over 2,000 wells, 77,865 horsepower of gas compression, 410,000 Mcf/d of processing and treating capacity and 9,000 B/d of fractionation capacity. The Gilcrest Gas Plant and Gathering System located in Weld County, Colorado was Aka Energy Group's principal facility in the first full year of operation. In June 2004, Aka Energy Group purchased Frontier Field Services, LLC and Lumen Midstream Partnership, LLC, both headquartered in Tulsa, Oklahoma. In 2004, Aka Energy Group also constructed the Waterfall gas gathering pipeline in Lincoln County, Wyoming establishing a base of operations in one of the nation's most active growth regions.
Aka Energy Group, whose sole owner is the Southern Ute Indian Tribe (SUIT), was established in 2002 to pursue business opportunities in the natural gas midstream sector of the energy industry outside the external boundaries of the SUIT Reservation. Aka Energy Group enjoys the SUIT's AAA credit ratings with both Standard & Poor's and Fitch. Current assets consist of eight gas processing and treating plants, 1,730 miles of gas gathering pipelines connected to over 2,000 wells, 77,865 horsepower of gas compression, 410,000 Mcf/d of processing and treating capacity and 9,000 B/d of fractionation capacity. The Gilcrest Gas Plant and Gathering System located in Weld County, Colorado was Aka Energy Group's principal facility in the first full year of operation. In June 2004, Aka Energy Group purchased Frontier Field Services, LLC and Lumen Midstream Partnership, LLC, both headquartered in Tulsa, Oklahoma. In 2004, Aka Energy Group also constructed the Waterfall gas gathering pipeline in Lincoln County, Wyoming establishing a base of operations in one of the nation's most active growth regions.