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Hoover Acquires Midstream Assets From Eagle

Hoover Energy Partners Lp Eagle Oil & Gas Co
AnnouncedJan 12, 2012
TypeAsset
LocationDelaware Basin
Announced Date
January 12,2012
Transaction Type
Asset




Snapshot
Location
Region
Permian - Delaware Basin

Country
United States

State
Texas

County
Reeves

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Hoover Energy Partners LP announced today that it has acquired a 50-mile natural gas gathering system, water transportation system and water disposal well located in Reeves County, Texas from Eagle Oil & Gas. This system is underpinned by a long-term dedication of approximately 68,000 gross acres that Comstock Resources, Inc.  recently acquired from Eagle Oil & Gas. Additionally, Hoover announced it has begun construction on Phase I of Pecos Crossing Pipeline, a 24-mile 12" crude oil system that will serve Ward and Reeves counties, Texas and will have a capacity of up to 120,000 bpd. Both…

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