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Baker Botts Represents EnLink in $100 Million Acquisition of LPC Crude Oil Marketing

Release

DALLAS, January 14, 2015 – The EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE:ENLK) (the Partnership) and EnLink Midstream, LLC (NYSE:ENLC) (the General Partner) (together “EnLink”), today announced that a subsidiary of the Partnership has signed a definitive agreement to acquire LPC Crude Oil Marketing LLC (“LPC”), which has crude oil gathering, transportation and marketing operations in the Permian Basin, for approximately $100 million, subject to certain adjustments.

Baker Botts represented EnLink in the acquisition.

Baker Botts Lawyers/Office Involved: Doug Rayburn (Partner, Dallas); Preston Bernhisel (Partner, Dallas); Steve Marcus (Partner, Dallas); Ryan Scofield (Associate, Dallas)

 

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