September 22, 2022 | 1 minute read

HOUSTON – Bracewell LLP advised Steel Reef US Corporation in its acquisition of Bison Midstream, LLC, a gas gathering system in North Dakota, from Summit Midstream Holdings, LLC for a total cash consideration of $40 million. The purchase price will be paid with cash on hand and by the company’s existing senior secured credit facility and is subject to the customary transaction adjustments.

Bracewell lawyers involved in the transaction include:

Partners: Patrick K. Johnson, Elizabeth L. McGinley and Matthew B. Grunert

Associates: Andrew P. Mintz and Nathan Guerra