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Enterprise Buys Azure Midstream Assets in Bankruptcy Bid

Enterprise Products Partners LP Azure Midstream
AnnouncedMar 15, 2017
TypeCorporate
LocationHaynesville Shale,Cotton Valley
Announced Date
March 15,2017
Transaction Type
Corporate




Snapshot
Location
Region
Ark-La-Tex

Country
United States

State
Louisiana

County
DeSoto ,Caddo

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[Summary : Enterprise Products Partners is buying the assets of Azure Midstream a company backed by Energy Spectrum and Tenaska Capital Management.  Azure has assets in Northern Louisiana and East Texas serving the Haynesville and Liquids rich cotton valley play]

Enterprise Products Partners L.P. announced that one of its affiliates has executed a definitive agreement to acquire the midstream business and assets of Energy Spectrum and Tenaska Capital Azure Midstream Partners, L.P. and its operating subsidiaries in East Texas and North Louisiana.

The agreement was the result of Azure’s…

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