First announced back in early April, Penn Virginia Resource Partners (PVR) deal to buy Chief Gathering for $1 billion has officially closed on Friday. The deal creates a very large presence in the Marcellus Shale midstream space for PVR. From the PVR press release:
Archive for 'Chief Gathering'
Calling it a “transformational transaction” for the company, Penn Virginia Resource Partners (PVR) today announced they are buying Chief Gathering for $1 billion in cash and stock. Chief Gathering is a midstream pipeline company with assets (pipelines) located mostly in northeastern Pennsylvania in the Marcellus Shale. The deal includes existing pipeline agreements with drilling heavyweights […]
In a country with a proud tradition of free speech and open dissent, there is a line that can be crossed. That line is called libel and slander, and it’s always been a gray area, most often determined by the courts. We have a new case for the courts to decide related to the Marcellus […]
On Wednesday, Dallas Township (Luzerne County), PA supervisors voted unanimously to approve an agreement with Chief Gathering to run a natural gas pipeline within a third of a mile of the Dallas district schools and through a local housing development. Some of the residents who attended the meeting strongly objected to the vote, accusing the […]