Locke Lord represented Regency Energy Partners LP in a joint venture agreement with American Energy – Midstream, LLC for the construction and operation of Regency’s previously announced Utica Ohio River Project, that will be capable of delivering up to 2.1 Bcf/day of Utica Shale natural gas production initially to Rockies Express Pipeline and Texas Eastern Transmission.
Regency and American Energy – Utica, LLC (AEU) also entered into a gathering agreement for gas produced from the Utica Shale in eastern Ohio by AEU. Total project costs are expected to be approximately $500 million, with Regency contributing 75 percent. Regency will construct and operate the project on behalf of the joint venture.
The Locke Lord team was led by Van Jolas and Seth Warner, with assistance from David Lange.
Posted August 7, 2014