Azure Midstream Partners (AZUR) Reports Q2 EPS of $0.04
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Azure Midstream Partners, LP Reports Sale of Processing Plant and Second Quarter 2016 Financial Results
August 8, 2016 6:30 AM EDTDALLAS, Aug. 8, 2016 /PRNewswire/ -- Azure Midstream Partners, LP (OTCQB: AZUR) ("Azure" or the "Partnership"), announced the sale of a processing plant and gathering line in East Texas and reported financial and operating results for the three and six months ended June 30, 2016.
Sale of Processing Plant to Align Midstream Partners
Effective August 4, 2016, the Partnership executed an agreement for the sale of the 100 MMcf/d Panola I processing plant and Murvaul pipeline to Align Midstream Partners for $44.9 million in cash proceeds. Wells Fargo Securities, LLC and Evercore served as... More