By OGJ editors
HOUSTON, Mar. 15 -- Four members of Falcon Gas Storage Co.'s original founding management group formed a new company called Peregrine Midstream Partners LLC, Houston.

John M. Hopper, Jeffrey H. Foutch, Keith Chandler, and Thomas B. Wynne formed the new firm to pursue development and acquisition opportunities in the midstream energy sector, including natural gas storage, transportation and processing; natural gas liquids extraction; and crude oil and NGL storage and handling.

"There are tremendous opportunities in the midstream energy space right now," said Hopper.