Akin Gump Advises Crestwood Conflicts Committee in Delaware Basin Joint Venture

(Houston) – Crestwood Equity Partners LP and First Reserve today announced that Crestwood Permian Basin Holdings LLC, a joint venture focused on developing, owning and operating midstream infrastructure in the Delaware Basin, has agreed to acquire Crestwood’s Willow Lake gathering and processing assets located in Eddy County, New Mexico at a contribution valuation of $151 million. Akin Gump advised Crestwood’s conflicts committee in the matter.

The Akin Gump team advising the Crestwood conflicts committee was led by oil and gas partner John Goodgame. It included oil and gas associates Chase Armbrust and Leana Garipova and tax partner Alison Chen.

Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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