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Consol, Noble Unveil New Midstream MLP; File for IPO
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CONSOL Energy Inc. and its Marcellus Shale joint venture partner, Noble Energy, Inc., caused a Registration Statement on Form S-1 to be filed today with the U.S. Securities and Exchange Commission for the initial public offering of common units of a master limited partnership (MLP) to be known as CONE Midstream Partners LP.
CONE Midstream Partners will provide midstream gathering services for production from CONSOL Energy's and Noble Energy's jointly owned acreage in the Marcellus Shale.
The number of common units to be offered and the price range for the offering have not been determined. The offering is expected to be completed late in the third quarter or early in the fourth quarter of 2014. CONE Midstream Partners has applied for a listing of the common units on the New York…
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