Azure Midstream Energy, LLC to Acquire Marlin Midstream Partners, LP’s General Partner and Azure to Contribute Legacy Gathering System for $162.5 Million to Marlin, Forming ~$500 Million Midstream Partnership – Azure to acquire Marlin’s general partner and 90% of its incentive distribution rights – Azure to contribute the Legacy gathering system to Marlin for $162.5 million – Combination creates a Partnership with an enterprise value of over $500 million with a significant inventory of assets for potential future dropdowns from Azure PR Newswire DALLAS, Jan. 15, 2015 DALLAS , Jan. 15, 2015 /PRNewswire/ — Azure Midstream Energy, LLC (“Azure”) today announced that Azure, Marlin Midstream Partners, LP (Nasdaq: FISH, ” Marlin ” or the “Partnership”) and Marlin’s sponsor, NuDevco Midstream Development, LLC (“NuDevco”) have entered into definitive agreements that will result in Azure owning 100% of the general partner of Marlin and 90% ownership of the total outstanding incentive distribution rights (“IDRs”) in Marlin […]