Energy M&A » By The Online Investor Staff, updated Thu., Apr. 25, 11:21 PM
Recent mergers and acquisitions in the Energy M&A category.
Slide #24. Exterran Partners — Assets from MidCon Compression
Acquirer: |
Exterran Partners (EXLP) |
Acquiree: |
Assets from MidCon Compression (CHK) |
Details: |
Exterran Partners, L.P. (NASDAQ:EXLP) and Exterran Holdings, Inc. (NYSE:EXH) today announced that Exterran Partners has completed its previously announced acquisition of compression assets from MidCon Compression, L.L.C., a subsidiary of Chesapeake Energy Corporation (NYSE:CHK) for approximately $360 million. |
Exterran Partners provides natural gas contract operations services to customers throughout the U.S. Co.'s contract operations services primarily include designing, sourcing, owning, installing, operating, servicing, repairing and maintaining equipment to provide natural gas compression services to its customers. Co. monitors its customers' compression services requirements over time and, as necessary, modifies the level of services and related equipment it employs to address changing operating conditions. Co. provides contract operations services, including the personnel, equipment, tools, materials and supplies to meet its customers' natural gas compression needs.
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Exterran Partners provides natural gas contract operations services to customers throughout the U.S. Co.'s contract operations services primarily include designing, sourcing, owning, installing, operating, servicing, repairing and maintaining equipment to provide natural gas compression services to its customers. Co. monitors its customers' compression services requirements over time and, as necessary, modifies the level of services and related equipment it employs to address changing operating conditions. Co. provides contract operations services, including the personnel, equipment, tools, materials and supplies to meet its customers' natural gas compression needs.
Open the CHK Page at The Online Investor »