One-Page Deal Sheet
Western Gas to Acquire Nuevo Midstream in Deal Worth $1.5 Billion
Western Gas Partners Lp Nuevo Midstream Llc
Announced Date
October 29,2014
Transaction Type
Corporate
Location
Region
Permian - Delaware Basin
Country
United States
State
New Mexico
County
Eddy ,Lea
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Western Gas Partners, LP has agreed to acquire Nuevo Midstream, LLC, a leading Delaware Basin gas gatherer and processor, for $1.5 billion. The Partnership expects the acquisition will close in the fourth quarter of 2014, subject to regulatory approval and customary closing conditions.
Chief Executive Officer, Don Sinclair, commented: "We are excited to acquire the Nuevo assets, which are extremely valuable to us given their strategic location in the Delaware Basin and Anadarko's significant acreage position and development plans in the area. The Nuevo management team has done an excellent…
Permian - Delaware Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| May-25-2022 |
-  |
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Click here | New Mexico | Midstream |
| Feb-26-2020 |
- |
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Click here | Texas | Midstream |
| Dec-20-2019 |
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Click here | Texas | Midstream |
| Nov-15-2019 |
- |
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Click here | Texas | Midstream |
| Aug-01-2019 |
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Click here | New Mexico | Midstream |