Saxon Oil Company Ltd. announced today that its wholly owned subsidiary, Central Kansas Gas Gathering (”CKGG”), signed a joint venture agreement with Mid Kansas Gas Gathering LLP (”MKG”) of Wichita, Kansas. The 50-50 joint venture, called Mid Kansas Gas Gathering JV (”MKGG”), will be headquartered in Wichita, Kansas, with American Energies Pipeline, LLC (AEP) acting [...]

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 [...]

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 [...]

Hiland Holdings GP, LP and Hiland Partners, LP has released an update news saying that the status of the Partnership’s product sales to certain affiliates of SemGroup, L.P. in response to the bankruptcy of SemGroup, L.P. and certain of its affiliates (”SemGroup”). As disclosed in the Partnership’s public filings with the Securities and Exchange Commission, [...]

A spate of oil and gas pipeline deals has boosted mergers and acquisitions for the industry by nearly 30 percent this year, but soaring prices are turning off many potential buyers.
Demand has driven up valuations for the limited supply of properties for sale, and many pipelines have become too expensive for the tax-free master limited [...]