Samchully Asset Management Co. Ltd has completed a deal for a 34 percent stake in the Neptune Gas Processing Plant in Louisiana for $170 million.

The plant, based in St. Mary Parish, La., was owned by Marathon Oil Co., a subsidiary of Houston-based Marathon Oil Corp. (NYSE: MRO). Neptune is a natural gas processing plant operated by Enterprise Gas Processing LLC, the company that owns the other 66 percent. The plant provides processing services for gas pipeline systems, including TransCanada Offshore, Acadian, Columbia Gulf Transmission Nautilus and Sea Robin East.

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