PVR Partners (PVR) announces the $1B acquisition of Marcellus Shale Midstream Pipeline Systems...


PVR Partners (PVR) announces the $1B acquisition of Marcellus Shale Midstream Pipeline Systems from Chief Gathering LLC in a deal that will help enhance its pipeline system in the region. The company expects to finance the purchase through a combination of equity and debt.

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Comments (2)
  • Poor Texan
    , contributor
    Comments (3527) | Send Message
     
    Ahh, a ray of sunshine in another dark day for my portfolio. Oh, my PMs lit up also.
    10 Apr 2012, 07:16 PM Reply Like
  • surfgeezer
    , contributor
    Comments (9092) | Send Message
     
    Also released, and not noticed by market was the Announced huge hit to the Texas gathering pipes as the drilling slowed because of Nat Gas prices. I used the jump to take my money and run. Coal getting spanked and Nat Gas gatherers are not where I want to be now. Seemed like a good time to take profit and wait for deals. Looks like some very good Puts may hit in oil infrastructure pipes.
    11 Apr 2012, 02:23 PM Reply Like
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