•  
  •  
  •  
  •  
  •  
  • Untitled Document
    Untitled Document

    American Midstream amends private placement of common units

    American Midstream Partners LP

    American Midstream Partners LP (NYSE: AMID) reports an amendment to the company’s private placement of common units. In July, the Partnership executed an agreement with a group of institutional investors to sell common units in a private placement. On Aug. 15, and as a result of the previously announced modification of the acquisition of assets from DCP Midstream LLC, the Partnership amended the common unit purchase agreement to change the common units to be sold in the private placement from $200 million to $120 million.

    The Partnership expects to issue 4.6 million common units upon closing the transaction on Aug. 20, and will use the net proceeds from the private placement to support future growth and for general partnership purposes.

     

    Most Popular

    Related Articles

    Kosmos Energy borrowing base redetermined

    04/01/2015

    Kosmos Energy Ltd.’s borrowing base under its reserves-based lending facility has remained unchanged at $1.5 billion following its lenders’ semi-annual redetermination process.

    Sanchez Production Partners acquires Eagle Ford assets from Sanchez

    04/01/2015 Sanchez Production Partners LP has closed an agreement with Sanchez Energy Corp. to acquire wellbore interests in certain producing oil and natural gas wells in the Eagle Ford shale play for aggreg...

    CONSOL closes $500M of senior notes offering

    03/31/2015 CONSOL Energy Inc. has closed its private placement of $500 million of its 8.000% senior notes due 2023. The notes are guaranteed by substantially all of CONSOL's wholly owned domestic restricted s...

    PetroQuest provides update on borrowing base re-determination

    03/31/2015 PetroQuest Energy Inc.’s bank group has completed its semi-annual re-determination of its borrowing base under its credit facility. As a result, the company's $220 million borrowing base has b...

    Citizens Financial Group launches Houston-based oil and gas finance team

    03/31/2015 Citizens Financial Group has purchased a $400 million portfolio of reserve-based loans from The Royal Bank of Scotland. Additionally, Citizens has hired a Houston-based oil and gas banking team fro...

    Tullow secures additional $450M of capital under existing credit facilities

    03/30/2015

    Tullow Oil plc has provided an update on its financing and banking arrangements.

    More Oil & Gas Financial Articles

    Kosmos Energy borrowing base redetermined

    Wed, Apr 1, 2015

    Kosmos Energy Ltd.’s borrowing base under its reserves-based lending facility has remained unchanged at $1.5 billion following its lenders’ semi-annual redetermination process.

    Sanchez Production Partners acquires Eagle Ford assets from Sanchez

    Wed, Apr 1, 2015

    Sanchez Production Partners LP has closed an agreement with Sanchez Energy Corp. to acquire wellbore interests in certain producing oil and natural gas wells in the Eagle Ford shale play for aggregate consideration of $85 million.

    CONSOL closes $500M of senior notes offering

    Tue, Mar 31, 2015

    CONSOL Energy Inc. has closed its private placement of $500 million of its 8.000% senior notes due 2023. The notes are guaranteed by substantially all of CONSOL's wholly owned domestic restricted subsidiaries.

    PetroQuest provides update on borrowing base re-determination

    Tue, Mar 31, 2015

    PetroQuest Energy Inc.’s bank group has completed its semi-annual re-determination of its borrowing base under its credit facility. As a result, the company's $220 million borrowing base has been revised to $190 million, subject to the aggregate commitments of the bank group, which the company elected to remain unchanged at $170 million. 

    Citizens Financial Group launches Houston-based oil and gas finance team

    Tue, Mar 31, 2015

    Citizens Financial Group has purchased a $400 million portfolio of reserve-based loans from The Royal Bank of Scotland. Additionally, Citizens has hired a Houston-based oil and gas banking team from RBS.

    OGFJ photo of the day


    Click to view slideshow

    Oil & Gas Jobs

    Search More Job Listings >>
    Subscribe to OGFJ