“Western Gas Partners to buy Houston company for $1.5B”
Western Gas Partners LP (NYSE: WES), a master-limited partnership formed by Anadarko Petroleum Corp., said Oct. 28 that it will acquire Houston-based Nuevo Midstream LLC for $1.5 billion.
Barclays is the sole financial adviser to Nuevo, and Vinson & Elkins LLP is its legal adviser. Thompson & Knight LLP is legal counsel to EnCap Flatrock Midstream. Akin Gump Strauss Hauer & Feld LLP is legal adviser to Western Gas.