Antero Midstream to acquire Marcellus Shale gas gathering and compression assets from Crestwood Equity Partners for $205m.

Antero Midstream, a gas gathering company, to acquire Marcellus Shale gas gathering and compression assets from Crestwood Equity Partners, a private equity firm, for $205m. "Today's bolt-on acquisition provides significant synergies that drive attractive economics and immediate Free Cash Flow accretion to Antero Midstream. The acquisition is consistent with Antero Midstream's strategy of investing in infrastructure in the Marcellus, the lowest cost shale play, for high visibility customers, particularly Antero Resources. Importantly, the assets include underutilized gathering and compression capacity for capital efficient development from both Antero Resources and other third parties," Paul Rady, Antero Midstream Chairman and CEO.