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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 ...
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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 ...
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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 ...
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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, ...
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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 ...
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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 ...
