TULSA, Okla., June 5, 2014 (GLOBE NEWSWIRE) -- Rose Rock Midstream, L.P. (NYSE:RRMS) today announced that it has executed a definitive agreement to acquire crude oil trucking assets from a subsidiary of Chesapeake Energy Corporation (NYSE:CHK). The transaction is expected to close during the second quarter of 2014 and is subject to customary closing conditions. Acquisition Highlights
- Includes 124 trucks, 122 trailers and miscellaneous equipment operating in Texas, Oklahoma and Ohio;
- Approximately 200 employees; and
- Term transportation agreement at market rates with Chesapeake Energy Marketing, Inc., a wholly owned subsidiary of Chesapeake
Readers are cautioned not to place undue reliance on any forward-looking statements contained in this Press Release, which reflect management's opinions only as of the date hereof. Except as required by law, we undertake no obligation to revise or publicly release the results of any revision to any forward-looking statements.
CONTACT: Investor Relations: Alisa Perkins 918-524-8081 email@example.com Media: Kiley Roberson 918-524-8594 firstname.lastname@example.org