Eastern Energy buys several Gulf Coast pipelines from Williams

Williams Cos. Inc., Tulsa, closed on the sale of certain pipeline systems in the Gulf Coast area to Easton Energy LLC, Houston, for $177 million in cash. Included in the sale are the 31-mile Texas Belle Pipeline, the Purity pipeline system, certain assets in the Live Oak pipeline system, and additional idle pipelines along the Gulf Coast. In total, the deal includes about 416 miles of Gulf Coast NGL pipelines, Easton said.

Source: News