Kinder Morgan, Inc. (KMI) last week completed one of the keymoves that highlighted its merger with KN Energy in July. Thecompany announced that it intends to contribute more than $700million of assets to its publicly traded master limitedpartnership, Kinder Morgan Energy Partners LP (KMP). The assetsincluded are the Kinder Morgan Interstate pipeline system (formerlyKN Interstate Gas Transmission), a 49% interest in Red CedarGathering and a 33% interest in Trailblazer Pipeline.
Transfers
Articles from Transfers
Kinder Morgan Transfers $700M in Assets to MLP
Kinder Morgan, Inc. (KMI) yesterday completed one of the keymoves that highlighted its merger with KN Energy in July. Thecompany announced that it intends to contribute more than $700million of assets to its publicly traded master limitedpartnership, Kinder Morgan Energy Partners LP (KMP). The assetsincluded are the Kinder Morgan Interstate pipeline system (formerlyKN Interstate Gas Transmission), a 49% interest in Red CedarGathering and a 33% interest in Trailblazer Pipeline.
December 17, 1999
Chevron Transfers Uinta Assets to Chandler Unit
Chevron has agreed to transfer all of its oil and gas assets inUtah’s Uinta Basin to Shenandoah Energy, a new company created byThe Chandler Company, in exchange for an equity ownership interestin Shenandoah and an undisclosed amount of cash. Shenandoah alsowill acquire all of Chandler’s stock. The transactions will have aneffective date of July 1, and are expected to close by Nov. 30,subject to certain conditions and approvals.
September 2, 1999
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