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Western Gas To Acquire Marcellus Shale Gathering System

Western Gas Partners Lp Anadarko Petroleum Corp
AnnouncedMar 1, 2013
TypeAsset
LocationMarcellus Shale
Announced Date
March 01,2013
Transaction Type
Asset




Snapshot
Location
Region
Northeast

Country
United States

State
Pennsylvania

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Western Gas Partners, LP announced that it has agreed to acquire a 33.75% interest in both the Liberty and Rome gas gathering systems from Anadarko Petroleum Corporation for total consideration of $490 million (the “Anadarko Acquisition”). The Partnership also announced that it has agreed to acquire a 33.75% interest in the Larry’s Creek, Seely and Warrensville gas gathering systems from an affiliate of Chesapeake Energy Corporation for total consideration of $133.5 million (the “Third-Party Acquisition”). The assets in both the Anadarko Acquisition and the Third-Party Acquisition serve…



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