Comstock Resources Inc. announced Thursday that it plans to enter the Tuscaloosa Marine Shale (TMS), after signing agreements with unidentified sellers to acquire 55,000 gross (53,000 net) leased acres in the play for $54.5 million.
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Crestwood CEO: Shales the Right Place for a Midstream MLP
Crestwood Midstream Partners LP is a bit of an anomaly in the midstream sector as it is focused exclusively on shale plays, CEO Robert Phillips told financial analysts Tuesday. It’s the only partnership that does so, save for the much larger Chesapeake Midstream Partners, he said.
December 8, 2011