Caliber Midstream is an independent, growth-oriented energy infrastructure company that provides a full suite of midstream services to producers in the Bakken and Three Forks shale oil plays. We are focused on developing innovative, cost-effective and efficient solutions developed synergistically, to handle a producer's molecules, not just their hydrocarbons. Caliber's services include crude oil and natural gas gathering, transportation, treating and processing; produced water transportation and disposal in Caliber operated injection wells; and freshwater sourcing and transportation by pipeline linked to various points of supply. Caliber's initial asset base is strategically located in McKenzie County, North Dakota — in the heart of the developing, economically-established Bakken and Three Forks shale oil plays. Caliber also has a growing presence in Williams County.

Caliber is led by a customer-focused and experienced management team with a unique and proven blend of technical, commercial, financial, land and regulatory experience. Formed in 2012, the company is a joint venture supported by an initial total of $180 million in equity capital contributions from BlackRock's Global Energy & Power Infrastructure Fund and Triangle Petroleum Corporation. Caliber subsequently announced a $200 million leverage-based credit facility on December 18, 2013, increasing its ability to fund its capital projects. Caliber is a long-term vision for both BlackRock and Triangle, who envision making additional capital contributions as Caliber continues to grow. BlackRock is one of the largest asset managers in the world, with approximately $5.7 trillion of assets under management as of June 30, 2017. BlackRock’s Global Energy & Power Infrastructure Fund is a long-term investor focused on energy-related infrastructure assets that benefit from long-dated contracts and favorable macroeconomic trends, and the platform has raised approximately $3.7 billion in committed capital across two funds. Caliber's affiliation with BlackRock provides a long-term and ongoing source of capital from a highly regarded and well established financial partner in addition to access to the firm's large network of industry and financial contacts.