Investment Summary

WGL Midstream Invests In Stonewall Gas Gathering

On February 29, 2016, WGL Midstream invested in oil/gas exploration company Stonewall Gas Gathering

Investment Highlights
  • This is WGL Midstream’s 1st transaction in the Oil/Gas Exploration sector.
  • This is WGL Midstream’s 2nd transaction in the United States.
  • This is WGL Midstream’s 1st transaction in West Virginia.

Investment Summary

Date 2016-02-29
Target Stonewall Gas Gathering
Sector Oil/Gas Exploration
Investor(s) WGL Midstream
Deal Type Stake Purchase

Target

Stonewall Gas Gathering

West Virginia, United States
Stonewall Gas Gathering LLC is a producer of one billion cubic feet of natural gas daily from the marcellus production region in West Virginia.

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Investor(S) 1

Investor

WGL Midstream

Wilmington, Delaware, United States

Category Company
Sector Utilities
DESCRIPTION

WGL Midstream, Inc. is a provider of options for natural gas, electricity, green power and energy services, including generation, storage, transportation, distribution, supply and efficiency.


DEAL STATS #
Overall 2 of 2
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Stake Purchase M&A Deals 2 of 2
State: West Virginia M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-11 Mountain Valley Pipeline

Pittsburgh, Pennsylvania, United States

Mountain Valley Pipeline LLC is a proposal to build a pipeline to bring natural gas.

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