Regency To Acquire Eagle Rock’s Midstream Business

February 2014, Vol. 241 No. 2

Regency Energy Partners LP plans to purchase Eagle Rock Energy Partners LP’s midstream business. The acquisition will complement Regency’s core gathering and processing business, and when combined with the proposed acquisition of PVR Resources, will further diversify Regency’s basin exposure in the Texas Panhandle, East Texas and South Texas.

Eagle Rock’s midstream assets include 8,100 miles of gathering pipeline and more than 800 MMcf/d of processing plants. Its cash flows are supported by large, long-term acreage dedications. The combined system is expected to increase efficiencies on Regency’s system and enhance services for its customers.

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