Newspaper article THE JOURNAL RECORD

Denver Firm Purchases Plants, Pipeline in State

Newspaper article THE JOURNAL RECORD

Denver Firm Purchases Plants, Pipeline in State

Article excerpt

Two natural gas processing plants and 40 miles of gathering pipeline in western Oklahoma have been purchased by Associated Natural Gas Corp. of Denver, the company said Friday.

Associated Natural Gas, which has an office in Oklahoma City, purchased the pipeline and plants, which together have a processing capability of 20,000 million cubic feet per day, from Midstates Natural Gas Co.

Purchase price was not disclosed.

The purchase brings the company's processing capability up to 500 thousand cubic feet per day and total pipeline mileage up to more than 2,000 miles, with operations in Oklahoma, Arkansas, Louisiana, Texas, New Mexico and Colorado. The company has six processing plants with the new acquisition.

The new facilities moves Associated Natural Gas into a new area of Oklahoma, the gas-prone Blaine and Custer counties, said Harold "Hal" R. Logan Jr., senior vice president of the company.

In October, the company bought Kerr-McGee's Milfay gas processing plant northeast of Oklahoma City that has a design capacity of 15 million cubic feet per day and 180 miles of gathering pipelines from Warren Petroleum Co. …

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