MarkWest Energy Partners to Review Restructuring Alternatives With MarkWest Hydrocarbon
22 Febbraio 2007 - 2:05AM
PR Newswire (US)
DENVER, Feb. 21 /PRNewswire-FirstCall/ -- The Board of the General
Partner of MarkWest Energy Partners, L.P. (AMEX:MWE), today
announced that it has asked its Conflicts Committee to review and
evaluate a possible acquisition of, business combination with, or
other potential restructuring transaction with MarkWest
Hydrocarbon, Inc. (AMEX:MWP) (the "Company"). The General Partner's
Board (the "Board") advised that there can be no assurance that
this review process will result in any specific transaction. The
Board does not intend to disclose developments regarding its review
of structuring alternatives unless and until the Board approves a
definitive transaction or otherwise has reached a definitive
conclusion regarding a transaction. The Conflicts Committee intends
to retain an independent financial advisor to assist the Committee
in its review. MarkWest Energy Partners, L.P. (AMEX:MWE), is a
publicly traded limited partnership with a solid core of midstream
assets and a growing core of gas transmission assets. It is the
largest processor of natural gas in the Northeast and is the
largest gas gatherer of natural gas in the prolific Carthage field
in east Texas. It also has a growing number of other gas gathering
and intrastate gas transmission assets in the Southwest, primarily
in Texas and Oklahoma. DATASOURCE: MarkWest Energy Partners, L.P.
CONTACT: Frank Semple, President & CEO, or Nancy Buese, CFO, or
Andy Schroeder, VP Finance & Treasurer, both of MarkWest Energy
Partners, L.P., +1-866-858-0482, fax +1-303-290-8769, Web site:
http://www.markwest.com/
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