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Oil & Gas Equipment & Services M&A image Oil & Gas Equipment & Services M&A » By The Online Investor Staff, updated Sun., Jul. 3, 5:07 PM Recent mergers and acquisitions in the Oil & Gas Equipment & Services M&A category.

Slide #89. Summit Midstream Partners, LLC Bear Tracker Energy, LLC

Acquirer: Summit Midstream Partners, LLC (NYSE:SMLP)
Acquiree: Bear Tracker Energy, LLC
Details: Summit Midstream Partners, LLC announced today that it closed the previously announced acquisition of Bear Tracker Energy, LLC on February 15, 2013. Summit Investments owns and controls the general partner of Summit Midstream Partners, LP (NYSE: SMLP) as well as a 69.1% limited partner interest in SMLP. The acquisition was fully funded with an equity investment from Energy Capital Partners, the majority owner of Summit Investments. In conjunction with the closing, the acquired company has been renamed Meadowlark Midstream Company, LLC.

Summit Midstream Partners is engaged in developing and operating midstream energy infrastructure assets that are located in resource basins, shale formations, in the continental U.S. Co.'s segments are: Rockies, which includes its wholly owned midstream assets located in the Williston Basin and the DJ Basin; Permian, which includes its wholly owned midstream assets located in the Permian Basin; Northest, which includes its wholly owned midstream assets located in the Utica and Marcellus shale plays; Piceance, which includes its wholly owned midstream assets located in the Piceance Basin; and Barnett, which includes its wholly owned midstream assets located in the Barnett Shale.

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Company Name: 
Summit Midstream Partners LP
Website: 
www.summitmidstream.com
Sector: 
Oil & Gas Equipment & Services
Number of ETFs Holding SMLP: 
2
Total Market Value Held by ETFs: 
$4.19M
Total Market Capitalization: 
$132.00M
% of Market Cap. Held by ETFs: 
3.17%
 

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