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JV Partners Crestwood Equity and Williams Partners Announce Agreement to Restructure Gathering & Processing Agreement with Chesapeake in Powder River

TULSA, Okla.--(BUSINESS WIRE)--Williams Partners L.P. (NYSE: WPZ) and Crestwood Equity Partners L.P. (NYSE: CEQP), as 50/50 joint venture partners in the Bucking Horse natural gas processing plant and Jackalope Gas Gathering System, today announced they have signed an agreement with Chesapeake Energy Corporation (NYSE: CHK) to restructure natural gas gathering and processing services in Wyoming’s Powder River Basin.