Riding the Wave of Opportunity: How Exiting an Oil Giant Ushers in New Horizons

Picture this: you're on a grand ship named Astatine Investment Partners (AIP), sailing through the turbulent but treasure-laden waters of the investment sea. It’s been a thrilling voyage, filled with ups and downs, through the misty realms of infrastructure investments. Our latest treasure hunt? A rollercoaster adventure with HEP Catalyst InvestCo, a gem nestled in the vast Permian Basin.

A Journey of Growth and Transformation

Navigating Through the Financial Seas

Our expedition began in the year 2017, a time when the compass of opportunity pointed us toward Catalyst Midstream Partners. Picture it as a fledgling island of opportunity, one that promised untold riches but was not without its perils. It was here, in collaboration with Howard Midstream Energy Partners (a seasoned sailor in these parts), that we embarked upon a venture unlike any other.

Charting Uncharted Territories

Together, we transformed Catalyst from a modest oil gathering spot into a sprawling metropolis of energy processing power. Imagine three mighty cryogenic processing plants, as towering and formidable as ancient colossi, capable of receiving a staggering 600 million cubic feet of natural gas per day.

This transformation was not merely about scale; it was a metamorphosis that saw our little venture grow wings and take flight, soaring high above the plains of the Delaware Basin. Amidst this growth, our role evolved from mere investors to architects of progress, shaping the energy landscape for the better.

The Art of the Exit: A Strategic Masterpiece

Knowing When to Sail Home

The art of investment is knowing not just when to dive into the waters, but when to pull anchor and set sail toward new horizons. In 2021, Astatine, with the wisdom of the ages and the foresight of the Oracle at Delphi, decided it was time to bid farewell to our venture with Catalyst.

Passing the Torch

Our departure from Catalyst is akin to a proud parent watching their child graduate: a bittersweet moment filled with pride and a touch of nostalgia. We hand over the reins back to Howard Energy Partners, confident in their ability to navigate the next chapters of this grand saga.

A Toast to Future Voyages

The Unending Quest for New Adventures

As we chart our course forward, let us not forget the lessons learned from the shores of Catalyst. Our journey teaches us that with the right crew and a star to sail her by, no sea is too rough, no storm too fierce.

The Astatine Compass

• Innovation Over Stagnation: Like the great explorers of old, we must always seek new horizons, new technologies, and new opportunities.
• Partnership and Teamwork: Our strength lies not just within the walls of Astatine, but in the bonds we form with partners like Howard. Together, we are more than the sum of our parts.
• Sustainability and Responsibility: As stewards of the earth, our endeavors must always align with the greater good, ensuring a healthier planet for future generations.

As we look to the skies and set our sights on the stars, our journey with Catalyst serves as a beacon, a reminder of what can be achieved when daring meets opportunity.

Conclusion: The End of a Chapter, Not the Tale

The tale of Astatine and Catalyst is but a single chapter in the grand book of our adventures. As we bid adieu to this chapter, our eyes are alight with the glow of anticipation for what lies ahead. With our sails unfurled and the wind at our backs, we embark upon new voyages, ready to write the next chapters of our storied journey.

So, here's to the endless pursuit of excellence, to the thrill of discovery, and to the unbreakable spirit of adventure that propels us forward. May our future ventures be as fruitful, our partnerships as strong, and our impacts as profound as the legacy we leave behind at Catalyst.

Let the winds of change carry us to new shores, to uncharted territories ripe with promise and opportunity. For in the heart of Astatine lies the unquenchable thirst for the next great adventure. Here’s to the horizon, ever beckoning, ever bright.