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PVR Partners Announces Completion Of Marcellus Shale Midstream Pipeline System

Penn Virginia Resource Partners Lp Chief Gathering Llc
AnnouncedApr 11, 2012
TypeAsset
LocationMarcellus Shale
Announced Date
April 11,2012
Close Date
May 18,2012
Transaction Type
Asset




Snapshot
Location
Region
Northeast

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Penn Virginia Resource Partners, L.P. (NYSE: PVR) ("PVR") today announced that it has completed the acquisition of Chief Gathering LLC ("Chief Gathering") from Chief E&D Holdings LP ("Chief").  William H. Shea, Jr., Chief Executive Officer of PVR's general partner, said, "We are very pleased to have successfully closed on the acquisition of Chief Gathering, and to welcome the Chief Gathering employees to PVR.  With the completion of this acquisition PVR has transformed its business to that of a predominantly midstream natural gas gathering and processing company primarily focused in the…



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