MVP Expands Pipeline Holdings Into Midland Basin
- Acquires Echo Canyon Pipeline Holdings, LLC
HOUSTON–(BUSINESS WIRE)–MVP Holdings, LLC (MVP) acquired Echo Canyon Pipeline Holdings, LLC and its subsidiaries (Echo) today to substantially expand its crude business in the highly-active southern Midland basin of West Texas.
Echo operates 190 miles of crude gathering pipeline located in the Upton, Reagan, Glasscock, Irion and Crocket Counties of Texas. It also owns additional truck unloading facilities, shell storage capacity, and multiple connections to major crude oil off-take pipelines.
“The Echo Canyon acquisition continues our vision to grow MVP’s footprint in Texas and become the preferred midstream and marketing partner for oil and gas producers throughout the US,” said MVP President Gary Navarro.
About MVP Holdings
MVP Holdings is a privately-owned energy logistics company headquartered in Wichita, KS. MVP and its subsidiaries provide gathering, transportation, processing, storage, distribution, marketing, and other midstream services to independent oil and natural gas producers, refiners of petroleum products, and other market participants located throughout the United States.
More information is available at the company website at http://www.mvpurchasing.com/.
Contacts
Lee Bullock, CFO of MVP Holdings, LLC
lbullock@mvpurchasing.com
316.469.0104
