The Arkoma Connector pipeline, a joint venture of MarkWest Energy Partners and ArcLight Capital Partners, went into operation in mid-July with little fanfare. But Denver-based MarkWest plans to put the focus on its new pipeline during its earnings conference Tuesday. Asked if Arkoma Connector was running at full capacity yet, MarkWest Treasurer Dan Campbell said, “We haven’t disclosed that,” but noted that the company would talk more about the pipeline’s operations at the earnings conference. The pipeline extends from the outlet of a treating plant in northeast Oklahoma 50 miles in a southeasterly direction to near Bennington, OK, where it connects with the Midcontinent Express and Gulf Crossing systems. Arkoma Connector, which was approved by the Federal Energy Regulatory Commission in late 2008, has the capability to deliver 625,000 Dth/d out of the Woodford Shale area to the Bennington area (see Daily GPI, Nov. 14, 2008).

Denver-based independent Double Eagle Petroleum Co.‘s plan to acquire Petrosearch Energy Corp. in a $9.3 million stock deal is close to being completed after Petrosearch shareholders approved the merger agreement. Double Eagle agreed to buy the Houston-based producer, which is now traded over the counter, in March (see Daily GPI, April 1). Double Eagle, which now explores nearly exclusively for natural gas in the Rocky Mountains, said the Petrosearch transaction would add $8.75 million to its working capital base and give it some oil-weighted assets.

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