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Cardinal Midstream II, LLC

Company Summary

Description

On March 6, 2017, Cardinal Midstream II, LLC (“Cardinal II”) closed on the sale of its interest in Cardinal PA Holdings, LLC (“Cardinal PA”) to a subsidiary of Energy Transfer Partners, L.P. Cardinal PA provides natural gas and condensate gathering, compression and condensate stabilization services in the Marcellus Shale of southwest Pennsylvania. Cardinal II continues to own and operate a natural gas gathering system in the dry gas Utica Shale of north central Pennsylvania.

Operational Regions

  • Marcellus Shale
  • Utica

Related Entities

Recent news

Company Transactions

Date: 1/15/2018
Type: Acquisition

BUYERS:
  • Montage Resources Corporation
  • Eclipse Midstream
    • SELLERS:
  • Cardinal NE Holdings, LLC
  • Cardinal Midstream II, LLC
    • DETAILS:

    COST: 18.3 $MM

    NOTES:
    The acquisition includes midstream infrastructure and gathering rights related to Eclipse's acquisition of the Flat Castle area from Travis Peak Resources.
    REGIONS:
  • Utica

    • Date: 3/6/2017
    Type: Acquisition

    BUYERS:
  • Energy Transfer Operating, L.P.
    • SELLERS:
  • Cardinal PA Holdings, LLC
  • Cardinal Midstream II, LLC
    • DETAILS:
    REGIONS:
  • Marcellus Shale