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Chesapeake, Exterran Finalize $360MM Compression Asset Deal

Access Midstream Partners, L.P., Exterran Corporation Not Disclosed
AnnouncedFeb 28, 2014
TypeAsset
Announced Date
February 28,2014
Close Date
April 11,2014
Transaction Type
Asset




Snapshot
Location
Region
Mid-Continent

Country
United States

State
Oklahoma


Transaction Details:  Subscribe to see

Closing Announcement - April 11, 2014

Exterran Partners, L.P. and Exterran Holdings, Inc. today announced that Exterran Partners has completed its previously announced acquisition of compression assets from MidCon Compression, L.L.C., a subsidiary of Chesapeake Energy Corporation for approximately $360 million.

The acquired assets include 337 compression units, with a total horsepower of approximately 440,000, which currently are being used to provide compression services to Access MLP Operating, L.L.C., a subsidiary of Access Midstream Partners LP.

In connection with the acquisition…

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