© 2014 The Texas Lawbook.
By Natalie Posgate – (September 30) – A subsidiary of EnLink Midstream Partners, LP has agreed to acquire Gulf Coast natural gas pipeline assets from Chevron Pipe Line Company and Chevron Midstream Pipelines LLC for $235 million.
Dallas partner Doug Rayburn led a team of Baker Botts lawyers to represent EnLink Midstream companies. The team included Dallas partners Steve Marcus and Eric Winwood and associates Preston Bernhisel and Ryan Scofield, Austin partner Aileen Hooks, Houston associate Scott Looper and attorneys from the firm’s Washington, D.C. office.
In-house counsel for EnLink involved in the deal included senior attorneys Kendall Talbott and James Bristow and Alaina Brooks, who is the Dallas-based company’s senior vice president and general counsel.
Houston partner Alan Rafte of Bracewell & Giuliani led the deal for Chevron, and received assistance from Houston partner Heather Palmer, Houston associate Kate Champion and attorneys from the firm’s New York and Washington, D.C. offices.
The assets EnLink will receive include approximately 1,400 miles of natural gas pipelines spanning from Beaumont, Texas to the Mississippi River corridor and approximately 11 billion cubic feet of working natural gas storage capacity in Southern Louisiana. The transaction is expected to close in the fourth quarter.
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