Western Gas Equity Partners, Lp (WGP) Tops Q4 EPS by 13c

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Go back to Western Gas Equity Partners, Lp (WGP) Tops Q4 EPS by 13c

Western Gas Announces Acquisition And Fourth-Quarter And Full-Year 2015 Results

February 24, 2016 4:22 PM EST

HOUSTON, Feb. 24, 2016 /PRNewswire/ -- Western Gas Partners, LP (NYSE: WES) ("WES" or the "Partnership") today announced that it has agreed to acquire a 100% interest in Springfield Pipeline LLC ("Springfield") from Anadarko Petroleum Corporation for $750.0 million. Springfield's sole asset is a 50.1% interest in the Springfield oil and gas gathering system (the "Springfield system"), which gathers Anadarko's and its partners' Eagleford shale production in South Texas. The Springfield system consists of 548 miles of gas gathering lines with a capacity of 795 MMcf/d and 241 miles of oil gathering lines with a capacity... More