Locke Lord Energy Team Advises Southwestern Energy Company and Angelina Gathering Company in Sale of Gas Gathering Assets for $500 Million

Locke Lord advised Southwestern Energy Company and its subsidiary, Angelina Gathering Company, LLC, on the execution of a purchase and sale agreement with HEP Pennsylvania Gathering, LLC, a subsidiary of Howard Midstream Energy Partners, LLC, to sell Angelina Gathering Company’s gas gathering assets in Bradford and Lycoming counties in northeastern Pennsylvania for $500 million.  The Locke Lord team was led by Terry Radney and included Buddy Sanders, Ben Cowan, Van Jolas, Ed Razim, Hunter Summerford, and Laura Ferguson.  The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2015.
Posted March 20, 2015.