Apache, Kayne Anderson Form Partnership, New Midstream Company
Transaction Type
Sellers
Basin
Permian Basin; Delaware Basin
Field
Alpine High
Announce Date
Post Date
Close Date
Estimated Price
$3,500.0MM
Description
Formed JV for the creation of a new Permian midstream company, Altus Midstream, valued at $3.5 B and anchored by Apache’s gathering, processing and transportation assets at Alpine High in the Delaware Basin.