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Bruce Northcutt

Copano Energy's Eagle Ford Gathering Freer Station, one of the assets Kinder Morgan gets in its $4 billion acquisition of the gas gathering and processing company. (Copano Energy)

Former Copano execs get $500M to start new pipeline firm

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The executives who sold Copano Energy to Richard Kinder’s pipeline empire for $3.2 billion last year have lined up $500 million to start a new oil and gas pipeline company.
Copano’s Paden Processing Plant in Stroud, Okla. is among the assets KinderMorgan gets in its $4 billion acquisition of the gas processing and gathering company. (Copano Energy)

Kinder makes shale grab with $4 billion deal

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Kinder Morgan Energy Partners has advanced its position in the North American shale race adding another 6,900 miles of pipelines and nine processing plants to its empire.