MarkWest Energy Partners Company News

Marathon Petroleum buys MarkWest Energy Partners for its natural gas processing facilities.

MarkWest Energy and The Energy and Minerals Group are executing agreements with Gulfport Energy to provide stabilization services and potential gathering services for condensate.

Range Resources reported that the third phase expansion of the Marcellus Shale natural gas processing infrastructure has been completed.

MarkWest Energy intends to sell a private placement to eligible purchasers $150 million in aggregate principal amount of 6.875% senior unsecured notes due 2014.

MarkWest Energy Partners has declared a cash distribution for the fourth quarter of 2008 and approved measures to strengthen and improve the Partnership's liquidity position by $285 million.

Since completing the first phase of development on the Marcellus Shale play, Range and partner MarkWest have tied-in seven wells into the gas processing facility.

MarkWest Energy Partners, L.P. said that it has completed the initial phase of the gathering system and started operations in the Woodford Shale Play in the Arkoma Basin of southeastern Oklahoma.

Newfield Exploration Co. said that one of its executives was slated to speak at the Bank of America Energy Conference in Key Biscayne, Florida, on Friday.

Newfield has signed an agreement with MarkWest Energy to construct and operate gathering pipelines and related facilities associated with the development of Newfield's Woodford Shale Play in the Arkoma Basin of southeastern Oklahoma.

Enbridge and MarkWest have acquired a pipeline through Triton Gathering to transport production from West Cameron Blocks 62 and 75 to the Stingray Pipeline in the Gulf of Mexico.

Kerr-McGee has completed the sale of its 40% non-operating interest in the Javelina gas processing and fractionation facility in Corpus Christi, Texas.