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/PRNewswire/ -- Stonehenge Energy Resources II, L.P. ("Stonehenge II") announced today that it has completed a transaction to sell Stonehenge Appalachia, LLC...
Stonehenge II will continue to own and operate its Stonehenge Laurel Gathering service in Appalachia.
Pine Run Gathering has acquired Pine Run Midstream from an affiliate of oil and gas company PennEnergy Resources for $205m.
February 16, 2021News Pine Run Gathering LLC announced Feb. 16 that it has completed a transaction to acquire Pine Run Midstream LLC from an affiliate of PennEnergy Resources LLC and minority partners for $205 million. Pine Run Gathering is a joint venture owned by a subsidiary of Stonehenge Energy Resources III LLC, a portfolio company of Energy Spectrum Partners VIII LP, and by a subsidiary of UGI Energy Services LLC (UGIES), which is a subsidiary of UGI Corp. /*** Advertisement ***/ PennEnergy, a Pittsburgh-based independent oil and gas company, is a leading Appalachian based producer an...