Energy Transfer Partners LP has priced its previously reported underwritten public offering of 54 million common units, representing limited partner interests, at $18.65 per common unit on Aug. 14.
Lilis Energy Inc. (NYSE: LLEX), an exploration and development company operating in the Permian Basin of West Texas, said Aug. 14 it has entered into a long-term gas gathering, processing and purchase agreement with an affiliate of Lucid Energy Group to support Lilis's active drilling program in the Delaware Basin.
For oil-traders, the fall of hedge fund manager Andy Hall signaled a heavy blow, but while commodity funds continue to shutter their doors, some are finding other ways to make money, including trading refining margins and calendar spreads.
Andeavor Logistics also said it would issue 78 million of its units to parent Andeavor in exchange for the cancellation of its incentive distribution rights.
Purchase of remaining stakes in Frontier and SLC pipelines from Plains to total about $250 million.
Pipeline operator Kinder Morgan Canada Ltd. (TSE: KML) said on Aug. 3 it will offer a CA$200 million (US$159 million) preferred share offering for the completion of certain projects and to reduce debt.