Ultra Petroleum Corp. (OTC: UPLMQ), which filed for Chapter 11 bankruptcy protection in May 2016, has renegotiated its gas processing contracts with Enterprise Products Partners LP (NYSE: EPD) and Williams Partners LP (NYSE: WPZ).Ultra said in a statement that it expects the new agreements, approved by the U.S. Bankruptcy Court on Feb. 22, to provide financial benefits related to its operations at the Pinedale Field asset in Wyoming.
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Source: Daily Dose of ShaleDirectories.com News
February 24, 2017