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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 ...
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Mar 29, 2016
Tallgrass Development Announces Agreement to Acquire Additional Interest in Rockies Express PipelineLEAWOOD, 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 ...
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Mar 23, 2016
American Energy – Permian Basin, LLC Formalizes Name Change to Permian Resources, LLC and Finalizes Transition to a Standalone Company with Key Executive AppointmentsOKLAHOMA 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 ...
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Mar 14, 2016
Ascent Resources, LLC Announces A $500 Million Equity RaiseOKLAHOMA 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 ...
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Mar 03, 2016
The Energy & Minerals Group Comments On the Tragic Death of Aubrey K. McClendonHOUSTON, 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 ...
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Feb 26, 2016
Coronado IV LLC Announces the Signing of Definitive Purchase Agreement Covering Acquisition of buchanan Mine and Certain Reserves from Consol Energy
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 ...