Newly formed ATX Energy Partners, a successor to Brigham Resources, has secured up to $780 million from a trio of private equity lenders to pursue unconventional resources in the Permian and Williston basins.
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Eagle Ford Midstream Assets Sold; Expansion Planned
San Antonio-based Howard Energy Partners said Thursday it will acquire the Eagle Ford Escondido Gathering System, which is partially owned by Laredo Energy, and the Cuervo Creek Gathering System from Meritage Midstream Services. Both systems are primarily 12- 16-inch diameter high-pressure gas pipelines. The transaction is expected to close in April.
March 16, 2012