Tulsa-based private equity firm BlueStone Natural Resources II has reportedly purchased the U.S. assets of bankruptcy-immersed Quicksilver Resources Inc. for $245 million, according to a company announcement Saturday. An auction was held last Wednesday and Thursday (see Shale Daily,Jan. 20).
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MarkWest Energy Partners LP said Tuesday that it will once again expand processing and fractionation capacity at its Keystone complex in western Pennsylvania, primarily in support of Rex Energy Corp.’s growing operations there.
DTE Energy Co. said Thursday its natural gas pipeline subsidiary has secured long-term gathering commitments with Southwestern Energy Co.and Cabot Oil & Gas Corp., allowing it to significantly expand the capacity of its Bluestone gathering system.