The Online Investor
Oil & Gas Equipment & Services M&A image Oil & Gas Equipment & Services M&A » By The Online Investor Staff, updated Sun., Jul. 3, 5:22 PM Recent mergers and acquisitions in the Oil & Gas Equipment & Services M&A category.

Slide #78. SemGroup Corporation Mississippi Lime Midstream Assets From Chesapeake Energy Corporation

Acquirer: SemGroup Corporation (SEMG)
Acquiree: Mississippi Lime Midstream Assets From Chesapeake Energy Corporation
Details: SemGroup Corporation (NYSE:SEMG) today announced that it has executed a definitive agreement to acquire the equity interests of Mid-America Midstream Gas Services, L.L.C., a wholly owned subsidiary of Chesapeake Energy Corporation (NYSE:CHK), which is the owner of gas gathering and processing assets in the Mississippi Lime play for $300 million in cash. The transaction is expected to close by the third quarter of 2013 and is subject to certain regulatory approvals and closing conditions.

SemGroup provides gathering, transportation, storage, distribution, marketing and other midstream services primarily to producers, refiners of petroleum products and other market participants located in the Gulf Coast, Midwest and Rocky Mountain regions of the U.S. and Canada. Co. conducts its primary business through three business segments: U.S. Liquids, which operates crude oil pipelines, truck transportation, storage, terminals and marketing businesses in the U.S.; U.S. Gas, which provides natural gas gathering, processing and marketing services; and Canada, which owns and operates natural gas processing and gathering facilities in Alberta, Canada.

Open the SEMG Page at The Online Investor »

Company Name: 
SemGroup Corp
Oil & Gas Equipment & Services

Open the SEMG Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree SEMG Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Hold (1.78 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Oil & Gas Equipment & Services M&A - Slide 78 of 100 Page |

Copyright © 1998 - 2022, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.