Altus Midstream Buys Stake In Permian Highway Pipeline For $161 Million
Transaction Type
Sellers
Buyers
Basin
Permian Basin; Delaware Basin
Field
Alpine High
Announce Date
Post Date
Close Date
Estimated Price
$161.0MM
Description
Purchased a 26.7% equity interest as part of an option tied to its formation in the Permian Highway Pipeline, which will transport natural gas from the Delaware Basin to Texas Gulf Coast markets.