Distributable

Marcellus Volumes, Capacity Prove Challenging, Says MarkWest CEO

Marcellus Volumes, Capacity Prove Challenging, Says MarkWest CEO

Building midstream infrastructure in the Marcellus Shale to keep up with growing natural gas volumes was a challenge in the first quarter, MarkWest Energy Partners LP CEO Frank Semple said Thursday.

May 13, 2013

Bank of Canada Supports Move to End Loopholes for Income Trusts

A call by Canada’s Minister of Finance to begin taxing the distributable cash of income trusts in four years was supported last week by Bank of Canada Gov. David Dodge, who said the federal government should have acted “years ago” to end the tax loophole.

February 5, 2007

Finance Minister Rejects Call to Exclude Energy Trusts in Tax Plan

Canada’s Minster of Finance Brian Flaherty put politics aside on Tuesday, holding firm to a plan to begin taxing the distributable cash of income trusts in four years. The minister, who at times sparred with members of Parliament during hour-long testimony, also soundly rejected calls to exclude oil and natural gas income trusts from the proposal.

January 31, 2007

Penn Virginia Acquires Transwestern Pipe Assets for $15M

Penn Virginia Resource Partners LP said Friday its subsidiary PVR Midstream LLC has acquired pipeline and compression facilities in Texas and Oklahoma from Transwestern Pipeline Co. LLC for $15 million in cash. The acquisition consists of 115 miles of 12- and 16-inch pipelines and 4,400 horsepower of compression and related facilities located in Hemphill and Lipscomb counties in Texas and Beaver, Ellis, and Roger Mills counties in Oklahoma.

July 5, 2006

Pengrowth to Acquire Murphy’s Western Canada Assets

Calgary-based Pengrowth Corp. plans to acquire the remaining Western Canadian assets of Murphy Oil Corp. for C$550 million, the companies announced Thursday. The transaction is expected to be completed in late May.

April 12, 2004