A Locke Lord team of Eric Larson, Hunter Summerford, Bill Swanstrom and Max Stubbs (all of Houston) represented Alta Mesa Resources, Inc. and its various subsidiaries, including Kingfisher Midstream, LLC, in the execution of definitive agreements to form Cimarron Express Pipeline, LLC with Blueknight Energy Partners, L.P. and affiliates of Ergon, Inc. The deal closed May 9 for an undisclosed value. Ownership of Cimarron Express will be 50 percent Kingfisher Midstream and 50 percent Ergon. The venture will include the construction and operation of a new crude oil pipeline serving STACK producers in central Oklahoma extending from northeastern Kingfisher County, Oklahoma, to BKEP's Cushing, Oklahoma, crude oil terminal. For additional information, please see the Alta Mesa press release.
Posted May 11, 2018