The pair sold TGGT to Azure Midstream Energy for a combined $910 million, with each taking a $455 million pay day on the deal.
TGGT owned and operated midstream assets along the border between Louisiana and Texas that services the Haynesville, Bossier and Cotton Valley plays.
BG Group has de-emphasized its Haynesville holdings recently, including choosing not to participate in Exco’s purchase of a package of Haynesville assets from Chesapeake Energy.
