Akin Gump Advises Western Gas in Nuevo Midstream Acquisition
(Houston) – Akin Gump advised Western Gas Partners, LP in its planned $1.5 billion acquisition of Nuevo Midstream, LLC, a leading Delaware Basin gas gatherer and processor.
Western Gas Partners is a master limited partnership formed by Anadarko Petroleum Corporation to own, operate, acquire and develop midstream energy assets. With Midstream assets in the Rocky Mountains, the Mid-Continent, north-central Pennsylvania and Texas, Western Gas Partners is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids and crude oil for Anadarko and other producers and customers. Western Gas says it expects the deal to close before the end of the year, subject to regulatory approval and customary closing conditions.
Oil and gas partner John Goodgame and counsel Andy Lehman were the lead lawyers from Akin Gump advising Western Gas. Additional support came from partners Thomas Weir (tax), Paul Hewitt (antitrust), David Quigley (environmental), Bob Lian (labor) and Rolf Zaiss (ERISA/executive compensation).
This deal was subsequently named “Deal of the Week” by Texas Lawyer.
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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