Paradox Resources has closed a strategic transaction with Sage Road Capital, proceeds from which will be used to streamline the optimization and automation processes that are underway at its Lisbon Valley Gas Plant as Paradox continues to expand the company’s midstream system. The Lisbon Valley Gas Plant is located in the southern Paradox Basin and can produce gas at a rate of 1,100 Mcf/d of Helium to a purity of 6-nines.
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