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Crestwood Midstream adds Arrow to its quiver

Oct 10, 2013 - The Deal Pipeline
Mergers and Acquisitions

Houston-based Crestwood Midstream Partners LP agreed to acquire Arrow Midstream Holdings LLC for about $750 million, the firm announced Thursday.

Tulsa, Okla.-based Arrow owns and operates substantial crude oil, natural gas and water gathering systems located on the Fort Berthold Indian Reservation in the core of the Bakken Shale in McKenzie and Dunn counties, N.D.

Will Moore, Crestwood's senior vice president of strategy and corporate development, said during a conference call tha...