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MarkWest Energy Partners LP and The Energy & Minerals Group announce agreements with Gulfport Energy Corp for development of condensate solutions in Utica Shale and formation of new joint venture


Thursday, 19 Dec 2013 06:54pm EST 

MarkWest Energy Partners LP and The Energy & Minerals Group (EMG):Says the execution of definitive agreements with Gulfport Energy Corp to provide stabilization services and potential gathering services for condensate produced within an area that includes Belmont, Harrison, Guernsey, Noble, and Monroe counties, Ohio.Says in conjunction with these agreements, MarkWest and EMG will form Ohio Condensate Company, LLC, a new joint venture related to the development of facilities and services to support the rapid growth of condensate production occurring in the liquids-rich areas of the Utica Shale.Says Discussions regarding the joint venture's condensate solutions are also underway with numerous other Utica producers. 

Company Quote

43.78
1.3 +3.06%
19 Dec 2014