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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 ...
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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 ...
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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 ...
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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 ...