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BRIEF-Crestwood Equity Partners reports contribution of Willow Lake assets to Delaware basin JV

May 24 Crestwood Equity Partners Lp

* Crestwood Equity Partners LP announces contribution of willow lake assets to Delaware Basin JV with first reserve and expansion of processing capacity

* Crestwood Equity Partners LP says under terms of transaction, joint venture will continue to be owned 50% by crestwood and 50% by first reserve

* Crestwood Equity Partners LP - Orla plant will offer full liquids handling and multiple residue and NGL interconnects

* Crestwood Equity Partners LP - initial project capital for orla expansion expected to be about $170 million with an in-service date in second half of 2018

* Crestwood Equity Partners LP - JV will own all of co's delaware basin assets, including nautilus gas gathering system, willow lake gas gathering, processing system Source text for Eikon: Further company coverage:

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