April 21st, 2025
IACX Energy Is Now Cimarron Midstream
To better align with our refocused midstream strategy, we are excited to announce our new company name: Cimarron Midstream. This new name reflects the rebirth of the company with a substantial change to our strategy as well as our mission, vision, and values. We believe these changes will help position our company for future success.
Why Cimarron Midstream? The Cimarron River connects our offices and core operating areas across Colorado, the Texas Panhandle, central Kansas, and New Mexico. This idea of connection across our company aligns with our commitment to teamwork and building long-term relationships.
December 19th, 2024
IACX Energy Closes the Acquisition
of the West Wichita Gas Gathering System
IACX Energy closed the acquisition of the West Wichita Gas Gathering System “West Wichita” from Durango Midstream. The West Wichita assets include a 26,000 mcf/d cryogenic natural gas plant, 650 miles of gas gathering, and 11,500 horsepower of compression.
Brian Peters commented, “This immediately accretive acquisition aligns with our strategy of consolidation and optimization in helium-rich areas of the country. Using our proprietary technology, we will be able to recover the helium from the West Wichita gas stream. This acquisition is the first step in executing our new strategy.”
December 16th, 2024
IACX Energy Executive Leadership Changes
IACX Energy has appointed a new leadership team, led by industry veterans: Brian Peters (CEO), Mark Koehn (COO), and Adam Vincent (CCO). As part of this transition, the company headquarters will be relocated to Greenwood Village, Colorado.
Brian Peters stated, “Given IACX’s midstream footprint across multiple basins, our team is excited by the opportunities for optimization, consolidation, and growth in helium-rich areas of the country. Moving forward, we will be well positioned to increase the performance of the IACX system while being responsive and creative with our customers. We will be focused on expanding IACX’s position as one of the largest independent helium producers in North America.”
