Bracewell & Giuliani LLP is representing Chesapeake Energy Corporation in the $300 million sale of Mid-America Midstream Gas Services, LLC to SemGroup Corporation. The acquisition includes 540,000 acres in the core of the Mississippi Lime Play, along with 200 miles of gathering pipeline, and a pair of cryogenic processing plants.
Chesapeake Energy Corporation has committed to a 20-year, 100% fee-based, gas gathering and processing agreement.
The transaction is expected to close by the third quarter of 2013 and is subject to certain regulatory approvals and closing conditions.
Bracewell attorneys involved in this transaction include:
Partners: G. Alan Rafte, Elizabeth L. McGinley, Daniel E. Hemli, and Tim Wilkins
Associates: Michael De Voe Piazza, Christopher J. Miller, Vivian Y. Ouyang, and Scott M. Muehlberger
