Gulf Coast Sequestration (“GCS”) seeks to build and operate an additional premier saline sequestration asset, Project Goose Lake, in the Louisiana Gulf Coast. Project Goose Lake envisions sourcing CO₂ volumes from industrial producers of CO₂ in the Eastern Texas and Southwestern Louisiana industrial corridors. The goal is to enable the United States manufacturing and industrial base in the Texas and Louisiana Gulf Coast to continue to provide jobs and economic opportunity while minimizing the amount of CO₂ emitted into the earth’s atmosphere.

GCS is a wholly owned subsidiary of the Stream family, a multi-generational single-family office, based in Lake Charles, Louisiana. In addition to other investments, the Stream family are long-term landowners in Southwestern Louisiana, owning and operating land assets for well over a century in and near Lake Charles. The Stream family have protected and restored tens of thousands of acres of wetlands and sustainably managed thousands of acres of timber assets. The addition of Project Goose Lake to the GCS sequestration “hub” is a natural fit for the existing operations.

Project Goose Lake is designed for two individual injection wells drilled from one well pad site located in southwestern Calcasieu Parish. Two injection wells were selected to maximize access to the available pore volume of the late Oligocene Upper Frio Formation situated on Stream owned acreage.