LEAWOOD, Kan.–(BUSINESS WIRE)– Tallgrass Development, LP (“Tallgrass”) announced today that its wholly owned subsidiary, Rockies Express Holdings, LLC, has signed a purchase agreement with a unit of Sempra U.S. Gas and Power (“Sempra”) to acquire Sempra’s 25 percent membership interest in Rockies Express Pipeline LLC (“REX”) for cash consideration of $440 million, subject to adjustment ...

OKLAHOMA CITY, March 23, 2016 /PRNewswire/ — American Energy – Permian Basin, LLC and its parent, American Energy Permian Holdings, LLC, today announced the renaming of the companies to Permian Resources, LLC and Permian Resources Holdings, LLC, respectively, consistent with previously announced plans to transition to a standalone company, fully independent of the broader American ...

OKLAHOMA CITY, March 14, 2016 /PRNewswire/ — Ascent Resources, LLC (“Ascent”), announced today that on March 10, 2016 it entered into agreements to sell approximately 2.2 billion common units (“Common Units”) in a private placement transaction, which is expected to result in net proceeds to Ascent of approximately $500 million bringing the total amount of ...

HOUSTON, TEXAS – MARCH 3, 2016: The Energy & Minerals Group (EMG) shares in the energy industry’s mourning over the sudden and tragic passing of AELP’s founder and owner, Aubrey K. McClendon. Through the formation of seven separate and distinct businesses in Oklahoma City he created thousands of jobs and captured some of the most ...

February 26, 2016:  Coronado IV LLC (“Coronado”), an affiliate of Coronado Group of Wilton, CT., and Anjean, W. Va., announces the execution of a definitive purchase agreement to acquire the Buchanan mine and associated estimated metallurgical reserves as well as estimated reserve positions in Virginia and Pennsylvania from CONSOL Energy of Canonsburg, Pa. for total ...

Middle Montney well achieves top-tier 1,768 Boe/d production test results with largest CO2 stimulation. CALGARY, AB February 4, 2016 – Ferus Inc. (Ferus), the leading provider of off-road cryogenic fluids for the energy industry, is proud to be a major service provider for Blackbird Energy Inc. (TSX VENTURE:BBI), the emerging Canadian Exploration and Production company that recently ...

HOUSTON–(BUSINESS WIRE)–Plains All American Pipeline, L.P. (NYSE:PAA) today announced that it has closed the previously announced sale of approximately 61 million units of a newly authorized series of 8% perpetual Series A Convertible Preferred Units (the “Preferred Units”) at a price of $26.25 per unit. The Preferred Units will pay quarterly distributions at an annual ...

Jacksonville FL, January 27, 2016 – Eagle LNG Partners has submitted an application with the US Department of Energy (“DOE”) requesting long-term, multi-contract authorization under Section 3 of the Natural Gas Act to engage in exports of natural gas in the form of liquefied natural gas (“LNG”). The application seeks authorization to export up to 49.8 ...

OKLAHOMA CITY, Jan. 21, 2016 /PRNewswire/ — Ascent Resources – Utica, LLC (formerly known as American Energy – Utica, LLC) (“ARU”) and ARU Finance Corporation (formerly known as AEU Finance Corporation) (“Finco” and together with ARU, the “Issuers”), subsidiaries of Ascent Resources, LLC (formerly known as American Energy Appalachia Holdings, LLC), announced today the commencement of a private offer to exchange ...

PAA’s General Partner Also Agrees To Modify IDRs HOUSTON–(BUSINESS WIRE)–Plains All American Pipeline, L.P. (NYSE:PAA) today announced that it has received binding commitments for the purchase of approximately $1.5 billion of equity capital. The purchasers will acquire approximately 56 million units of a newly authorized series of 8% Perpetual Series A Convertible Preferred Units (the “Preferred ...

TULSA, Okla.–(BUSINESS WIRE)–NGL Energy Partners LP (NYSE:NGL) today announced that it has entered into an agreement with an affiliate of ArcLight Capital Partners (“ArcLight”) to sell TransMontaigne GP LLC (“TLPGP”) for $350 million in cash. TLPGP is the general partner of TransMontaigne Partners L.P. (“TLP”) and holds the 2% general partner (“GP”) interest and incentive ...

LEAWOOD, Kan.–(BUSINESS WIRE)–Tallgrass Energy Partners, LP (NYSE:TEP) announced today that it is acquiring an additional 31.3 percent interest in Tallgrass Pony Express Pipeline, LLC (“Pony Express”) for cash consideration of $475 million and 6.518 million TEP common units issued to Tallgrass Development. Based on TEP’s December 31st closing price of $41.21, the total consideration of ...