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Aug 31, 2017
Energy Transfer Announces FERC Approval to Put Phase 1A of the Rover Pipeline in Service
Natural Gas Service To Begin From Cadiz To Defiance, Ohio, August 31, 2017
DALLAS–(BUSINESS WIRE)–Energy Transfer Partners (NYSE: ETP) announced today the Federal Energy Regulatory Commission (FERC) approved its request to put Phase 1A of the Rover Pipeline into service. Phase 1A, the 212-mile section from Cadiz, Ohio, to Defiance, Ohio, will begin natural gas service ...
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Aug 07, 2017
Tallgrass Energy Partners Acquires Powder River Oil Gathering System, Continues to Expand Service Offerings in the BasinLEAWOOD, Kan.–(BUSINESS WIRE)–Tallgrass Energy Partners, LP (NYSE:TEP) today announced that through its subsidiary Tallgrass Midstream, LLC (“TMID”) it has closed on the acquisition of Outrigger Energy LLC’s crude oil gathering system in the Powder River Basin for approximately $36 million, subject to potential adjustments specified in the purchase agreement. The acquired assets include approximately 34 ...
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Jun 28, 2017
ExxonMobil, Eagle LNG Partners LLC and Crowley Sign Liquefied Natural Gas (LNG) Collaboration AgreementExxonMobil, Eagle LNG Partners LLC (Eagle LNG Partners) and Crowley have signed an agreement to collaborate on the development of LNG as a marine fuel. The goal is to establish the storage and technical support necessary to provide safe, reliable LNG delivery for vessel operators bunkering in North America.
The three companies signed a Memorandum of ...
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May 01, 2017
Permian Resources Announces Consensual And Transformational Restructuring Transaction
OKLAHOMA CITY, May 1, 2017 /PRNewswire/ — Permian Resources, LLC (together with its subsidiaries, “Permian Resources” or the “Company”), today announced that it has entered into a series of definitive agreements with funds managed by affiliates of The Energy & Minerals Group (“EMG”), OnyxPoint Global Management LP (“OnyxPoint”), Sable Management, LLC (“Sable”) and other investors that provide ...
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Apr 24, 2017
Rating Action: Moody’s Upgrades EMG Utica, LLC to B1
Global Credit Research – 24 Apr 2017
Approximately $210 million of rated debt affected
New York, April 24, 2017 — Moody’s Investors Service, (“Moody’s”) upgraded EMG Utica, LLC’s (EMG Utica) Corporate Family Rating (CFR) to B1 from B2, Probability of Default Rating (PDR) to B1-PD from B2-PD and the senior secured term loan rating to B1 from ...
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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”). ...
