Penn Virginia To Buy Midstream Firm
Penn Virginia Resource Partners, L.P. (NYSE:PVR) has entered into a definitive agreement under which it will acquire Chief Gathering LLC, a midstream pipeline company, for $1.0 billion. Penn Virginia currently owns two gathering systems in the counties of Lycoming and Wyoming while a third gathering system is in its early stage of development in Susquehanna [...]
Penn Virginia Resource Partners, L.P. (NYSE:PVR) has entered into a definitive agreement under which it will acquire Chief Gathering LLC, a midstream pipeline company, for $1.0 billion.
Penn Virginia currently owns two gathering systems in the counties of Lycoming and Wyoming while a third gathering system is in its early stage of development in Susquehanna County. Post-acquisition, the partnership will add to its portfolio six more natural gas gathering systems of Chief Gathering spread across … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards