Rose Rock Midstream Announces Public Offering of Common Units

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Rose Rock Midstream (RRMS) to Acquire Rest of SemGroug (SEMG) Crude Assets in Cash, Stock Deal

February 9, 2015 4:28 PM EST

Rose Rock Midstream (NYSE: RRMS) has entered into an agreement to acquire the remaining crude oil assets of SemGroug Corporation (NYSE: SEMG), which include the Wattenberg Oil Trunkline System and SemGroup's 50% interest in the Glass Mountain Pipeline, for a purchase price of $325 million consisting of cash and 1.75 million Rose Rock Midstream common LP units. Rose Rock expects the acquisition to close in the first quarter of 2015, subject... More

Rose Rock Midstream (RRMS) Commences 2M Common Units Offering

February 9, 2015 4:28 PM EST

Rose Rock Midstream (NYSE: RRMS) announced the commencement, subject to market conditions, of an underwritten public offering of 2,000,000 common units representing limited partner interests. The company also intends to grant the underwriters a 30-day option to purchase up to an additional 300,000... More