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Announced

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Sabine Oil & Gas completed the acquisition of a stake in TOPS Pipeline from Align Midstream Partners.

Synopsis

Sabine Oil & Gas, a Houston-based, independent oil and natural gas company, completed the acquisition of a stake in TOPS Pipeline, a 30-mile, 16-inch diameter gas gathering pipeline in the Carthage area, from Align Midstream Partners, a Dallas-based midstream company backed by Tailwater Capital. Financial terms were not disclosed. "We are excited to partner with Sabine and grow our relationship in East Texas. The TOPS Pipeline will bolster our existing East Texas footprint and enhance our ability to serve the growing Haynesville production, providing our customers with greater access to a number of attractive markets across the Carthage hub," Fritz Brinkman, Align CEO.

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