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American Panther, LLC

Company Summary

Description

AmPan provides crude oil and natural gas transportation services from the South Marsh Island area offshore to an onshore station near Henry Hub in Vermillion Parish, LA for crude oil and the Henry Hub for natural gas. In total, the AmPan system encompasses approximately 200 miles of crude oil, natural gas, and salt water onshore and offshore Gulf of Mexico pipeline.

Operational Regions

  • Gulf Coast
  • Gulf of Mexico

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Recent news

Company Transactions

Date: 8/8/2017
Type: Acquisition

BUYERS:
  • American Midstream Partners, LP
    • SELLERS:
  • Panther Asset Companies
  • American Panther, LLC
    • ASSETS:
  • Main Pass Oil Gathering Company
  • American Panther, LLC
    • DETAILS:

    COST: 52 $MM

    NOTES:
    Through the purchase, AMID will acquire Panther’s 33.3% equity interests in Main Pass Oil Gathering (“MPOG”), as well as Panther’s 40% equity interest in American Panther, LLC (“AmPan”). As such, the Partnership will now own 100% of MPOG and AmPan.
    REGIONS:
  • Gulf Coast
  • Gulf of Mexico