Cresta Energy Capital-backed Easton Energy acquired NGL pipelines along the Texas and Louisiana Gulf Coast in a $177 million all-cash deal with Williams Cos. The midstream assets are comprised of 416 miles of pipelines that transport NGLs from various sources to petrochemical consumers in Texas and Louisiana. The deal includes the 31-mile Texas Belle pipeline, which transports NGLs from Mont Belvieu to customers along the Houston Ship Channel, as well as the Purity pipeline system,......
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