Gibson Dunn Aids Williams In $2.5B Caiman Energy Unit Buy

Law360, New York (March 19, 2012, 8:35 PM EDT) -- Williams Partners LP has agreed to buy private equity-backed Caiman Energy’s unit Caiman Eastern Midstream LLC for $2.5 billion as part of its ongoing bid to pursue liquids-rich natural gas in the Marcellus Shale, the partnership said Monday.

Caiman Eastern Midstream, a gathering and processing business located in northern West Virginia, southwestern Pennsylvania and eastern Ohio, will run a system that will collect more than 2 billion cubic feet per day and produce roughly 300,000 barrels of natural gas liquids and condensate per day by 2020,...
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