SOURCE: Industrial Info Resources

Industrial Info Resources

September 30, 2014 06:15 ET

September Ends With Gulf Coast Oil & Gas Acquisition Activity, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Sep 30, 2014) - Researched by Industrial Info Resources (Sugar Land, Texas) -- September is ending with some significant deals in the Oil & Gas Pipelines, Production and Storage industries in Texas and Louisiana, as well as offshore Mississippi and Alabama. On Monday, Canada-based natural gas producer Encana Corporation (NYSE:ECA) (Calgary, Alberta) announced that it would purchase Athlon Energy Incorporated (NYSE:ATHL) (Fort Worth, Texas) for a total of about $7.1 billion. Encana has been seeking to diversify its portfolio from natural gas-related assets in the face of lower natural gas prices, focusing on increasing production of oil and natural gas liquids (NGL).

Within this article: Details on these and other key projects from major companies, such as EnLink Midstream (NYSE:ENLK, NYSE:ENLC) and Chevron Corporation (NYSE:CVX).

For details, view the entire article by subscribing to Industrial Info's Premium Industry News, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

Contact Information

  • Contact:
    William Ploch
    713-783-5147