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Chesapeake Midstream Partners, L.P. (CHKM)

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Last Post: 10/20/2012 10:04:41 PM - Followers: 1 - Board type: Free - Posts Today: 0

Chesapeake Midstream Partners, L.P. is focused on natural gas gathering, the first segment of midstream energy infrastructure that connects natural gas produced at the wellhead to third-party takeaway pipelines. The Company provides gathering, treating and compression services to Chesapeake and Total, its primary customers, and other third-party producers under long-term, fixed-fee contracts. Its gathering systems operate in its Barnett Shale region in north-central Texas, its Haynesville Shale region in northwest Louisiana and its Mid-Continent region, which includes the Anadarko, Arkoma, Delaware and Permian Basins. It generates the majority of its operating income in its Barnett Shale region, where it services approximately 1,840 wells in the core of the prolific Barnett Shale. On December 21, 2010, the Company acquired the Springridge gathering system and its assets gathered approximately 2.0 billion cubic feet per day. http://www.google.com/finance?q=CHKM
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