American Midstream is plowing $300 million into Eagle Ford Shale

American Midstream Partners LP is expanding the company’s asset base in the Eagle Ford Shale via new acquisitions.The Denver-based company announced last week that it would be exercising its right-of-first offer to acquire the Gonzales County full-well-stream gathering system from an affiliate of ArcLight Capital Partners. American Midstream is also buying a 50 percent stake in ArcLight portfolio company Republic Midstream LLC.American Midstream is buying the Gonzales County system, which serves operators targeting the Eagle Ford Shale, for $110 million. Construction began on the pipeline system during the second quarter of 2014.

via American Midstream is plowing $300 million into Eagle Ford Shale – San Antonio Business Journal.

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