Mon, Apr. 6, 8:25 AM
- Williams Partners (WPZ, WMB) agrees to acquire additional interest in Utica East Ohio Midstream Partnership from a subsidiary of EV Energy Partners (NASDAQ:EVEP) for ~$575M.
- WPZ says the acquisition will increase its stake in the natural gas midstream business in the Utica Shale in eastern Ohio to 70%.
- EVEP says the deal marks the completion of its divestiture of midstream investments in the Utica Shale.
Dec. 24, 2012, 10:02 AMEV Energy Partners (EVEP -1.2%) says it has received "bona fide offers" for its operated acreage in the Utica Shale. The partnership - which buys, produces and develops oil and gas properties - says it is in talks with potential purchasers, but doesn’t expect to announce any sale agreements before the year ends. | Dec. 24, 2012, 10:02 AM | Comment!
EVEP vs. ETF Alternatives
EV Energy Partners LP is engaged in the acquisition, development and production of oil and natural gas properties. Its midstream segment is engaged in the construction and operation of natural gas processing and natural gas liquids fractionation.
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