Back

Kirkland Advises LM Energy on Sale to Trace Midstream

Kirkland & Ellis counseled LM Energy, a Dallas-based midstream company backed by Old Ironsides Energy, on the sale of LM Energy’s natural gas gathering system in the Northern Delaware Basin to Trace Midstream, backed by Quantum. The transaction includes existing and under-construction high-and low-pressure gas gathering systems in Eddy and Lea counties in New Mexico consisting of 170 miles of pipelines and 12 compressor stations. The new high-pressure southern extension will allow producers access to multiple processing outlets.

LEGAL DESIRE NEWSLETTER

Where the legal industry reads first.

Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.

No spam. Unsubscribe anytime.

From Legal Desire

Is your firm the one being cited, or the one being skipped?

We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.

Nitya Vashishtha
Nitya Vashishtha