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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

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Rose Rock Acquires Chesapeake Midstream Assets

Rose Rock Midstream, L.P. Chesapeake Energy Corp
AnnouncedJun 5, 2014
TypeAsset
LocationEagle Ford Shale,Mississippi Lime,Granite Wash,Utica Shale,Granite-Cleveland-Tonkawa
Announced Date
June 05,2014
Close Date
June 24,2014
Transaction Type
Asset




Snapshot
Location
Region
Northeast,Mid-Continent,Gulf Coast - South Texas

Country
United States

State
Oklahoma

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Transaction Details:  Require Private Equity Subscription

Closing Announcement - June 23, 2014

Rose Rock Midstream, L.P. (RRMS) today announced that it has closed the transaction to acquire crude oil trucking assets from a subsidiary of Chesapeake Energy Corporation.

Acquisition Highlights Includes 124 trucks, 122 trailers and miscellaneous equipment operating in Texas, Oklahoma and Ohio; Approximately 200 employees; and Term transportation agreement at market rates with Chesapeake Energy Marketing, Inc., a wholly owned subsidiary of Chesapeake

Following the close of the acquisition, Rose Rock now operates a fleet of more than 250 trucks with…