MarkWest Utica EMG, PDC Energy agree on Utica Shale developmentsMarkWest Utica EMG LLC, a joint venture between MarkWest Energy Partners LP and The Energy and Minerals Group, has agreed with PDC Energy Inc. to provide gathering, processing, fractionation, and marketing services in the Utica Shale. |
Crestwood Marcellus Midstream completes acquisition of natural gas compression, dehydration assetsCrestwood Marcellus Midstream LLC has completed the acquisition of natural gas compression and dehydration assets from Enerven Compression LLC (Enerven) for $95 million. |
Whoville, the big new NGL hub in Marcellus, Utica? (aka, Houville)Houville is the center of an emerging Marcellus/Utica based NGL hub soon to take its place among the largest in North America. |
Deal flow increasing as year-end approachesWith year-end approaching, oil and gas deal activity in the US and Canada has increased significantly as companies focus on finalizing 2012 portfolio positions and gear up for 2013 plans. |
Antero to sell Piceance Basin assets to redeploy capital to Marcellus, Utica projectsDenver, CO-based Antero Resources has entered into an agreement to sell all of its natural gas and pipeline assets in the Piceance Basin to a private company for $325 million in cash plus the assumption of all of Antero’s Rocky Mountain firm transportation obligations. |
Endurance Energy announces recapitalization by Warburg PincusEndurance Energy Ltd., an early-stage exploration and production company focused on the acquisition and development of shallow natural gas assets in the Western Canadian Sedimentary Basin (WCSB), today announced that it has recapitalized the company with an investment from Warburg Pincus, a global private equity firm. |
Energy Players |
Harris now senior advisor to Quantum Energy PartnersQuantum Energy Partners has announced that Jeffrey Harris has become a senior advisor to the firm. Additionally, Quantum and Global Reserve Group, LLC, an advisory and investment firm founded by Harris, have entered into a co-investment relationship to jointly pursue selected domestic and international investment opportunities identified by Global Reserve Group in the oil and gas sector. |