News
Enterprise Completes Acquisition of Natural Gas Gathering Systems from M2 Midstream
Enterprise Products Partners
HOUSTON, May 04, 2010 (BUSINESS WIRE) --Enterprise Products Partners L.P. (NYSE:EPD) today announced that it has completed the purchase of the State Line and Fairplay natural gas gathering and treating systems from subsidiaries of M2 Midstream LLC ("Momentum"), announced April 1, 2010. The assets acquired in the $1.2 billion transaction, which are located in northwest Louisiana and East Texas, gather natural gas from the Haynesville/Bossier Shale plays, in addition to the Cotton Valley and Taylor Sand formations.