One-Page Deal Sheet
Crestwood Midstream Acquires Fayetteville and Granite Wash Midstream Assets
Crestwood Midstream Partners Lp Frontier Gas Services, Llc
Announced Date
April 01,2011
Close Date
April 01,2011
Transaction Type
Asset
Location
Region
Mid-Continent
Country
United States
State
Arkansas
Play
Transaction Details: Require Private Equity Subscription
Crestwood Midstream Partners has completed the previously announced acquisition of midstream assets in the Fayetteville Shale and the Granite Wash plays from Tulsa, Oklahoma based Frontier Gas Services, LLC for approximately $338 million cash paid at closing.
The acquired assets in the Fayetteville Shale, located in Northwest Arkansas, consist of approximately 127 miles of gathering pipelines with a capacity of approximately 510 million cubic feet per day ("MMcf/d"), treating capacity of approximately 165 MMcf/d and approximately 35,000 hp of compression serving dedicated acreage and natural…
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