A Locke Lord team led by Bill Swanstrom and Jennie Simmons (both of Houston) advised Medallion Midstream Services, a Permian Basin focused midstream service provider, in the sale of its natural gas gathering processing business in West Texas to Cardinal Midstream Partners. The transaction is subject to customary closing conditions and expected to close in early 2023. For more information, see the press release. Additional assistance was provided by Lauren Richter, Laura L. Ferguson, Jerry Higdon, Jeff McPhaul, Tammi Niven, Ed Razim, Buddy Sanders and Rachael Beavers (all of Houston) and Van Jolas (Dallas).
Posted on November 7, 2022