Williams Cos. to purchase Caiman Energy unit for $2.5 billion

03/20/2012 | Reuters

Williams Cos. struck a deal to acquire Caiman Energy's Caiman Eastern Midstream unit for $2.5 billion, boosting its presence in the Marcellus Shale. The Caiman system is expected to gather more than 2 billion cubic feet of gas per day and produce approximately 300,000 barrels per day of natural gas liquids by 2020, according to Williams.

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