One-Page Deal Sheet
EnLink Acquires Full Ownership of Permian Deadwood Facility
EnLink Midstream, LLC Apache Corp
Announced Date
November 16,2015
Close Date
November 16,2015
Transaction Type
Asset
Location
Region
Permian - Northern Midland Basin
Country
United States
State
Texas
County
Glasscock
Play
Transaction Details: Require Private Equity Subscription
EnLink Midstream Partners, LP announced that its subsidiary has acquired a 50-percent ownership interest in the Deadwood natural gas processing facility from a subsidiary of Apache Corporation. The cost of the accretive acquisition was approximately $40 million.
The facility is located in Glasscock County, Texas in the Permian Basin. Pursuant to a 2011 agreement, EnLink and Apache jointly funded the development of a new-build processing facility in which each company held a 50-percent undivided ownership interest. EnLink managed the plant’s initial construction and has operated the facility…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jun-14-2017 |
-  |
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Click here | Texas | Midstream |
| Apr-12-2017 |
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| Dec-03-2015 |
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| Sep-01-2015 |
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| Feb-02-2015 |
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