Energy and Minerals Group
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- | In January, 2009 it was reported that '''NGP Midstream & Resources LP''' (M&R) was investing $200 million of start-up capital in a joint venture with [[Mark West Energy]] for processing [[Marcellus shale]] gas. M&R will own 40% of the venture and Marke West will have 60%. MarkWest will also invest in the venture through contribution of assets and funds. The combined entity is known as [[MarkWest Liberty Midstream & Resources]]. | + | In January, 2009 it was reported that '''NGP Midstream & Resources LP''' (M&R) had invested $200 million of start-up capital in a joint venture with [[Mark West Energy]] for processing [[Marcellus shale]] gas. M&R was to own 40% of the venture and Marke West to have 60%. MarkWest had agreed to invest in the venture through contribution of assets and funds. The combined entity was to be known as [[MarkWest Liberty Midstream & Resources]]. |
John T. Raymond is the company's Managing Partner and CEO. | John T. Raymond is the company's Managing Partner and CEO. |
Revision as of 17:32, 15 August 2009
Here is where some info about the NGP Midstream & Resources LP should go. This article is still a stub and needs your attention. It does not have a template and contains minimal information. Please dive in and help it grow!
In January, 2009 it was reported that NGP Midstream & Resources LP (M&R) had invested $200 million of start-up capital in a joint venture with Mark West Energy for processing Marcellus shale gas. M&R was to own 40% of the venture and Marke West to have 60%. MarkWest had agreed to invest in the venture through contribution of assets and funds. The combined entity was to be known as MarkWest Liberty Midstream & Resources.
John T. Raymond is the company's Managing Partner and CEO.