Gulf Oil and Gas accountACCOUNT

Chesapeake Midstream Name Change to Access Midstream

Source: www.gulfoilandgas.com 7/24/2012, Location: North America

Chesapeake Midstream Partners, L.P. (CHKM) announced that the Board of Directors of its general partner has approved changing the Partnership's name to Access Midstream Partners, L.P. The Board has also approved changing the Partnership's ticker symbol for its common units traded on the New York Stock Exchange to "ACMP." The new ticker symbol is effective, July 24, 2012 prior to the opening of the exchange.

J. Mike Stice, Chief Executive Officer of the Partnership's general partner, commented, "The announcement is another milestone in the history of the Partnership. On June 29, 2012, Global Infrastructure Partners completed the acquisition of Chesapeake Energy Corporation's ownership interest in the Partnership. As a fully independent publicly traded partnership, we are completing the ownership transition process by announcing our new Partnership name. The Board of Directors and the management team believe the new name reflects the Partnership's ability to provide producers reliable access to quality downstream markets and to provide investors access to growth in distributions and superior total returns."

Three new directors were also appointed to the Board: J. Mike Stice; Robert S. Purgason, Chief Operating Officer of the Partnership's general partner; and William J. Brilliant, Principal of Global Infrastructure Partners. These new directors join the directors remaining on the Board, including David A. Daberko, Domenic J. Dell'Osso, Jr., Philip L. Frederickson, Matthew C. Harris, Suedeen G. Kelly and William A. Woodburn. Information about each of the Board's newly appointed and continuing directors is available on the Partnership's website.

Acquisitions and Divestitures News in United States >>

Thailand >>  2/15/2019 - PTT Exploration and Production Public Company Limited (PTTEP) disclosed that its subsidiary, PTTEP SP Limited, signed the Share Purchase Agreement (SP...
Australia >>  2/14/2019 - On 25 January 2019, Vintage Energy Ltd received Ministerial consent, the final condition precedent of the Sale and Purchase Agreement between Vintage ...

United Kingdom >>  2/14/2019 - AIM-listed UK Oil & Gas (UKOG), the largest onshore licence acreage holder in the Weald Basin, has entered into a binding heads of terms withDoriemus ...
United States >>  2/14/2019 - Harvest Oil & Gas Corp. has entered into a definitive agreement to sell all of its interests in the San Juan Basin in New Mexico and Colorado to an un...

Canada >>  2/13/2019 - Australian operator Beach Energy has emerged as the successful cash bidder for the La Bella gas field in the Otway basin off the coast of Victoria. ...
Egypt >>  2/13/2019 - Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla announced the winners in the largest ever oil and gas exploration and production b...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


United States Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 |

More News

Related Links

CA US
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.