Golden Gate Capital Announces Acquisition of U.S. Silica

Golden Gate Capital (GGC), a San Francisco-based private equity firm, announced the closing of its acquisition of U.S. Silica Company (USS), the second largest U.S. miner and processor of industrial sand. U.S. Silica, tracing its origins back to 1900, operates 13 industrial sand and other mineral mines and processing plants in the Midwest and Eastern US. “This is a winning transaction for U.S. Silica’s... 

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Atlas Pipeline Partners, L.P. Reports Update to its Hedge Positions

Atlas Pipeline Partners L.P. reported an update to its hedge positions for certain hydrocarbon volumes that it expects to generate in its Mid-Continent processing operations. Based on current natural gas liquid (NGL) production, given recently added ethane and propane puts for the second half 2008 and full year 2009 periods, the total value of NGLs hedged is now approximately 61% for second half 2008... 

ONEOK Partners Announces D-J Basin Lateral Pipeline Project

ONEOK Partners, L.P. announced plans to build a $70 million to $80 million natural gas liquids pipeline lateral, connecting the Denver-Julesburg Basin in northeastern Colorado with the Overland Pass Pipeline that is currently being constructed. The 125-mile D-J Basin Lateral Pipeline is designed to transport as much as 55,000 barrels per day of raw natural gas liquids from the D-J Basin to the 760-mile... 

Mariner Energy Reports No Material Damage From Gustav

Mariner Energy, Inc. provided a preliminary update on the impact of Hurricane Gustav on the company’s Gulf of Mexico production and assets. The company has completed initial assessments of virtually all Mariner-operated offshore structures and received reports from most operators at its third-party operated assets. Based upon these assessments and reports, it does not appear that any of the structures... 

Stone Energy Corporation Announces Impact From Hurricane Gustav

Stone Energy Corporation provided an update on the impact of Hurricane Gustav on its operations. The adverse weather conditions associated with Hurricane Gustav resulted in substantially all offshore drilling and production activities in the Gulf of Mexico being suspended as of Saturday, August 30th. Stone safely evacuated all employee and contract personnel prior to the arrival of the storm. Net daily... 

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Swift Energy Reports on Current Impact from Hurricane Gustav

Swift Energy Company reported that an initial airplane fly-over of our coastal Louisiana properties is currently being coordinated to assess the impact of Hurricane Gustav. As previously announced on Thursday, Swift Energy began implementing standard shut-down procedures in its coastal Louisiana properties due to weather risks from then approaching Tropical Storm Gustav. With the subsequent strengthening... 

LDH Energy Purchases West Virginia Coal Dock

Louis Dreyfus Highbridge Energy LLC (LDH Energy), announced today that one of its operating subsidiaries, LDH Energy Cyrus River Terminal LLC, has purchased the Big Sandy River Dock – a coal facility in Kenova, West Virginia – from Kanawha River Terminals LLC. “This facility will provide LDH Energy with a merchant platform to connect coal consumers with coal producers throughout the Midwest... 

New ‘Voyager’ Company to Explore Natural Gas Midstream Opportunities

Tenaska Capital Management, LLC (TCM), has announced the formation of Voyager Midstream, LLC, a Houston-based company dedicated to developing, acquiring and managing midstream natural gas industry assets in a market where growth opportunities are increasing. Voyager Midstream, staffed by a team of natural gas industry veterans, will focus nationwide on investments in the broad midstream sector of the... 

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The Hiland companies on its Quarterly Distribution Declarations

The Hiland companies, Hiland Partners, LP told the press that The Board of Directors of Hiland Partners GP, LLC, the managing general partner of Hiland Partners, LP, today announced an increase in its cash distribution for the second quarter of 2008. The declared quarterly distributions on the Partnership’s common and subordinated units will increase to $0.8625 per unit (an annualized rate of... 

The Hiland companies, Hiland Partners, LP to announce Quarterly Distribution Declarations

The Hiland companies, Hiland Partners, LP and Hiland Holdings GP, LP highlight the following quarterly distribution declarations. Hiland Partners, LP The Board of Directors of Hiland Partners GP, LLC, the managing general partner of Hiland Partners, LP, today announced an increase in its cash distribution for the second quarter of 2008. The declared quarterly distributions on the Partnership’s...