Finance - Acquisitions Divestitures


Morgan Stanley Will Sell CNG Business

Wentworth will be sold to Pentagon Energy LLC. The CNG will be exported to Latin America. Two Morgan Stanley managers involved with Wentworth will become Pentagon principals, sources told Reuters. 

Mon, 03/30/2015 - 15:05

Chevron Will Exit Australian Shale Gas

Chevron Global Energy Inc. will sell its stake in refiner Caltex Australia Ltd., Business Wire said. Bloomberg said this marks Chevron’s exit from shale gas in Beach Energy’s Nappamerri Trough.

Fri, 03/27/2015 - 12:02

EnLink Midstream Will Acquire Victoria Express Pipeline

The pipeline transports condensate from DeWitt County, Texas, to the Port of Victoria. It handles about 50 Mbbl/d. The dropdown transaction’s total cost ranges between $210 million and $220 million.

Tue, 03/24/2015 - 10:18

Midstream Investing Picks Up Where E&P Leaves Off

Duff & Phelps experts explore potential, perils of 2015 for sector.

Joseph Markman
Tue, 03/24/2015 - 07:41

Southwestern Swiftly Deals Midstream Assets To Plug Budget Hole

After spending more than $5 billion in the Marcellus and buying assets from Statoil and WPX, the company plans to divest up to $800 million to overcome a cash flow gap.

Darren Barbee
Thu, 03/19/2015 - 14:36

EnLink Completes Coronado Midstream Acquisition

The $600 million transaction was for natural gas gathering and processing facilities, including three cryogenic gas processing plants and a gas gathering pipeline system that Coronado owns in the Permian Basin.

Mon, 03/16/2015 - 16:48

EQT Midstream Will Buy Gas Gathering Assets From EQT Corp.

EQT Midstream will acquire the Northern West Virginia Marcellus Gathering System belonging to its parent company, and a preferred interest in an EQT subsidiary, Reuters said. 

Wed, 03/11/2015 - 12:09

After Buyout, Access Execs Received $94 Million

Pipeline operator Williams Cos. Inc. bought control of the partnership last yearThat helped the partnership’s former executives cash out on a surge in domestic production of, and demand for, natural gas, Bloomberg said.

Tue, 03/10/2015 - 16:51

Morgan Stanley Said To Seek Bids For Southern Star Pipeline

Morgan Stanley Infrastructure Partners sent offering documents to potential bidders.

Thu, 03/05/2015 - 08:27

Western Gas Acquires Delaware Basin Gathering System Interest

Western Gas Partners acquired a 50% interest in the Delaware Basin joint venture gathering system from Anadarko.

Wed, 03/04/2015 - 08:24

Marcellus, Utica Pipeline Interest Up For Sale

Magnum Hunter CEO Gary Evans is waiting for service costs to drop 40% before the company restarts drilling.

Darren Barbee
Tue, 03/03/2015 - 12:26

Tallgrass Energy Closes On Pony Express Acquisition

Tallgrass Energy Partners closed on the acquisition of an additional 33.3% interest in Tallgrass Pony Express Pipeline.

Tue, 03/03/2015 - 07:45