HOUSTON, TX -- (Marketwire) -- 02/27/12 -- Crestwood Midstream
Partners LP CMLP, Crestwood Holdings Partners LLC and Antero Resources Appalachian Corporation
announced today the execution of definitive agreements whereby CMLP
and Crestwood Holdings, through a newly formed joint venture
("Crestwood Marcellus Midstream"), have agreed to acquire certain of
Antero's Marcellus Shale gathering system assets located in Harrison
and Doddridge Counties, West Virginia for $375 million in cash plus
an earn-out which would allow Antero to earn additional purchase
price payments of up to $40 million based upon average annual
production levels achieved during 2012 and 2013.
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