-
Apr 05, 2017
Ascent Resources Utica Holdings, LLC Announces Closing Of $1.5 Billion Offering Of 10.00% Senior Notes Due 2022, Retirement Of Ascent Resources – Utica, LLC Second Lien Term Loan And Closing Of A New $1.5 Billion Senior Secured Revolving Credit Facility With Initial Borrowing Base Of $650 Million
OKLAHOMA CITY, April 5, 2017 /PRNewswire/ — Ascent Resources Utica Holdings, LLC (“ARUH”) and ARU Finance Corporation (“Finco” and, together with ARUH, the “Issuers”) announced today that they have closed an offering of $1.5 billion of 10.00% senior unsecured notes due 2022 (“Notes”). The Notes will be guaranteed by Ascent Resources – Utica, LLC (“ARU”). ...
-
Apr 03, 2017
Tallgrass Energy Partners Acquires Approximate 25 Percent Interest in Rockies Express Pipeline
LEAWOOD, Kan.–(BUSINESS WIRE)– 4/3/2017 6:45 AM ET — Tallgrass Energy Partners, LP (NYSE:TEP) announced today that it has acquired an additional 24.99 percent membership interest in Rockies Express Pipeline LLC (“REX”) from Tallgrass Development, LP for cash consideration of $400 million effective March 31, 2017. The acquisition increases TEP’s ownership interest in REX to approximately ...
-
Feb 06, 2017
Energy Transfer Announces Receipt of FERC Certificate for Construction of Rover Pipeline
DALLAS–(BUSINESS WIRE)–Energy Transfer Partners, L.P. (NYSE: ETP) today announced that the Federal Energy Regulatory Commission (FERC) approved Rover Pipeline LLC’s (“Rover”) application to construct and operate the Rover Pipeline Project. FERC’s order, issued yesterday, allows Rover to move forward with its pipeline. Rover has already notified FERC that it has accepted the certificate. FERC’s order also ...
-
Jan 03, 2017
Tallgrass Energy Partners Acquires Tallgrass Terminals and the Operator of Rockies Express PipelineLEAWOOD, Kan. – January 3, 2017 –(BUSINESS WIRE)– Tallgrass Energy Partners, LP (NYSE: TEP) announced today that it acquired Tallgrass Terminals, LLC and Tallgrass NatGas Operator, LLC from Tallgrass Development for cash consideration of $140 million. The acquisition represents TEP’s fifth dropdown acquisition from Tallgrass Development and was funded at closing through borrowings on TEP’s revolving ...
-
Dec 06, 2016
Medallion Midstream Services Announces Southern Delaware Basin Crude Oil PipelineIRVING, TEXAS, December 6, 2016 – Medallion Midstream, LLC and its affiliate, Medallion Midstream Services, LLC, (Medallion) today announced that it has entered into a letter of intent to construct a new Delaware Basin crude oil pipeline system to provide crude oil gathering and transportation services for Parsley Energy (NYSE: PE) (Parsley). The new pipeline ...
-
Dec 04, 2016
MPLX and MarkWest announce successful completion of combination and director and executive appointmentsFINDLAY, Ohio, Dec. 4, 2015 – MPLX LP (NYSE: MPLX) and MarkWest Energy Partners, L.P. today announced the completion of the previously announced merger by which MarkWest became a wholly owned subsidiary of MPLX.
As of this morning, MarkWest ceased to be a publicly traded partnership and its common units discontinued trading on the New York ...
-
Nov 15, 2016
Plains All American Pipeline, L.P. and Plains GP Holdings, L.P. Announce Closing of Simplification Transactions
HOUSTON–(BUSINESS WIRE)–Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings (NYSE: PAGP) announced the closing of the transactions (the “Simplification Transactions”) contemplated by the July 11, 2016 Simplification Agreement entered into by such parties and certain affiliated entities (the “Simplification Agreement”). In satisfaction of one of the conditions to the closing of the Simplification Transactions, ...
-
Nov 10, 2016
Ascent Resources, LLC Announces A $787 Million Equity Raise And Retirement Of Approximately $774 Million Of Debt Of Ascent Resources – Utica, LLCOKLAHOMA CITY, Nov. 10, 2016 /PRNewswire/ — Ascent Resources, LLC (“Ascent”), announced today that it entered into agreements to sell approximately 3.5 billion common units (“Common Units”) in a private placement transaction, which is expected to result in net proceeds to Ascent of approximately $787 million.
Upon closing, Ascent will contribute $175 million of proceeds from ...
-
Jul 01, 2016
White Star Petroleum, LLC Closes On Acquisition Of Mississippi Lime And Woodford Shale Assets; Announces Completion Of Recapitalization Initiatives And Key Executive AppointmentsOKLAHOMA CITY, July 1, 2016 /PRNewswire/ — White Star Petroleum, LLC (“White Star”) today announced that it has completed the previously announced acquisition of Mississippi Lime and Woodford Shale assets (the “Acquisition”) from Devon Energy Corporation (DVN) for $200 million net of customary closing adjustments. The acquired assets include approximately 210,000 net acres in Central Northern ...
-
Apr 26, 2016
Lodestar Energy Group Announces New Multi-Modal Site at Gulf Inland Logistics Park
HOUSTON, TX–(Marketwired – Apr 26, 2016) – Lodestar Energy Group (LEG) is developing a new multi-modal site at the Gulf Inland Logistics Park near Dayton, Texas. The logistically-advantaged site will contain two facilities: a rail-served Natural Gas Liquids (NGL) facility and a complementary rail car storage yard.
“This is the perfect time to open both an ...
-
Apr 20, 2016
American Energy – Woodford, LLC Formalizes Name Change To White Star Petroleum, LLC With Key Executive Appointments And Announces Transformative Acquisition Of Mississippi Lime And Woodford Shale Assets From Devon Energy Corporation
OKLAHOMA CITY, April 20, 2016 /PRNewswire/ — American Energy – Woodford, LLC today announced that, effective March 25, 2016, the company changed its name to White Star Petroleum, LLC (“White Star”). As originally intended and previously announced by White Star’s sponsor, The Energy and Minerals Group (“EMG”), White Star will complete its transition to a standalone company, fully independent ...
-
Mar 29, 2016
Medallion Announces Successful Close of Binding Open Season for the Howard Lateral Crude Oil PipelineIRVING, Texas–(BUSINESS WIRE)–Medallion Pipeline Company, LLC (“Medallion”), a subsidiary of Medallion Midstream LLC, today announced the successful closing of the binding open season for its proposed crude oil pipeline extension, (the “Howard Lateral”). As previously announced, the binding open season for the Howard Lateral commenced on February 9, 2016.
Based on a binding capacity bid received ...