Bracewell is representing Evercore Partners, advisor to the Conflicts Committee of the Board of Directors of the general partner of Rose Rock Midstream, L.P., regarding Rose Rock Midstream’s acquisition of a 33.3% interest in SemCrude Pipeline, L.L.C. – which owns 51% of the White Cliffs Pipeline – from SemGroup Corporation for $273.9 million.
Following the acquisition, Rose Rock Midstream will effectively own 17% of the White Cliffs Pipeline.
Bracewell attorneys involved in this representation are:
Partners: William S. Anderson and Gregory M. Bopp
Counsel: Ian R. Brown