PENNTEX MIDSTREAM PARTNERS, LP (NASDAQ:PTXP) Files An 8-K Other Events

ME Staff 8-k
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PENNTEX MIDSTREAM PARTNERS, LP (NASDAQ:PTXP) Files An 8-K Other Events
Item 8.01. Other Events.

In connection with the previously announced redemption of the outstanding common units representing limited partner interests (the “Common Units”) in PennTex Midstream Partners, LP (the “Partnership”) by Energy Transfer Partners, L.P., the Partnership has filed a Form 25 with the Securities and Exchange Commission (the “SEC”) with respect to the delisting of the Partnership’s Common Units. The Partnership’s Common Units were delisted and removed from trading on the NASDAQ Global Select Market on June 30, 2017.

In addition, the Partnership intends to file with the SEC a certification of notice of termination on Form 15 requesting that the Partnership’s Common Units be deregistered under Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and that the Partnership’s reporting obligations under Sections 13 and 15(d) of the Exchange Act with respect to the Common Units be suspended.


About PENNTEX MIDSTREAM PARTNERS, LP (NASDAQ:PTXP)

PennTex Midstream Partners, LP focuses on owning, operating, acquiring and developing midstream energy infrastructure assets, with an initial focus in northern Louisiana. The Company provides natural gas gathering and processing, and residue gas and natural gas liquids (NGL) transportation services to producers in northern Louisiana primarily focused in the Terryville Complex of the Cotton Valley formation. Its assets include the Lincoln Parish plant, an approximately 200 million cubic feet per day (MMcf/d) design-capacity cryogenic natural gas processing plant located near Arcadia, Louisiana, and an approximately 40-mile natural gas liquid (NGL) pipeline that provides connections to the Mont Belvieu market for NGLs produced from its processing plants. PennTex Development is the parent company of the Company. Under its residue gas and NGL transportation agreements, it transports all of the residue gas and NGLs produced on behalf of Memorial Resource at its processing plants.