Western Gas unit uses revolver borrowings to fund $27.9 million asset acquisition

By Caroline Salls

Pittsburgh, Feb. 2 - Western Gas Resources Inc. said wholly owned subsidiary Mountain Gas Resources Inc. used amounts available on its revolving credit facility to fund the $27.9 million acquisition of natural gas gathering and processing assets from Duke Energy Field Services LP, Overland Trail Transmission LLC and Duke Energy Field Services Marketing LP.

The purchased assets are located in the eastern Green River Basin of Wyoming.

Western Gas is a Denver-based independent natural gas explorer, producer, gatherer, processor, transporter and energy marketer.

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