Warren Resources Inc. Monday said it closed on its previously announced deal to acquire additional natural gas and midstream assets from subsidiaries of Anadarko Petroleum Corp. in the Atlantic Rim Project area in Wyoming’s Washakie Basin.
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Warren Resources Acquires Anadarko’s Atlantic Rim Assets For $21M
Beefing up its Atlantic Rim Project area acreage in the Washakie Basin of Wyoming, which includes shallower coalbed methane (CBM) targets and the Niobrara Shale below, Warren Resources Inc. is exercising its preferential rights to acquire additional oil, natural gas and midstream assets from subsidiaries of Anadarko Petroleum Corp for approximately $21 million.
Petrohawk Buyout to Feather Kinder Morgan Nest, CEO Says
Kinder Morgan Energy Partners LP (KMP) midstream assets in the Eagle Ford and Haynesville shales are positioned to see an uplift in throughput thanks to the pending acquisition of Petrohawk Energy Corp. by BHP Billiton Ltd. and the expectation that the latter will be spending a lot more in the plays, CEO Rich Kinder told financial analysts Wednesday.
Recent Deal Makes Kinder a Midstream ‘Hawk’
Kinder Morgan Energy Partners LP (KMP) midstream assets in the Eagle Ford and Haynesville shales are positioned to see an uplift in throughput thanks to the pending acquisition of Petrohawk Energy Corp. by BHP Billiton Ltd. and the expectation that the latter will be spending a lot more in the plays, CEO Rich Kinder told financial analysts Wednesday.