Attached files

file filename
S-1/A - S-1/A - PennTex Midstream Partners, LPd901177ds1a.htm
EX-8.1 - EX-8.1 - PennTex Midstream Partners, LPd901177dex81.htm
EX-10.15 - EX-10.15 - PennTex Midstream Partners, LPd901177dex1015.htm
EX-10.14 - EX-10.14 - PennTex Midstream Partners, LPd901177dex1014.htm
EX-10.16 - EX-10.16 - PennTex Midstream Partners, LPd901177dex1016.htm

Exhibit 5.1

FORM OF LATHAM & WATKINS LLP

EXHIBIT 5.1 OPINION

 

LOGO

811 Main Street, Suite 3700

Houston, TX    77002

Tel: +1.713.546.5400    Fax: +1.713.546.5401

www.lw.com

 

FIRM / AFFILIATE OFFICES

Abu Dhabi Milan

            , 2015

 

PennTex Midstream Partners, LP

11931 Wickchester Ln., Suite 300

Houston, Texas 77043

Barcelona

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Madrid Washington, D.C.

 

  Re: Initial Public Offering of Common Units of PennTex Midstream Partners, LP

Ladies and Gentlemen:

We have acted as special counsel to PennTex Midstream Partners, LP, a Delaware limited partnership (the “Partnership”), in connection with the proposed issuance of up to          common units representing limited partner interests in the Partnership (the “Common Units”). The Common Units are included in a registration statement on Form S-1 under the Securities Act of 1933, as amended (the “Act”), initially filed with the Securities and Exchange Commission (the “Commission”) on September 30, 2014 (Registration No. 333-199020) (as amended, the “Registration Statement”). The term “Common Units” shall include any additional common units registered by the Partnership pursuant to Rule 462(b) under the Act in connection with the offering contemplated by the Registration Statement. This opinion is being furnished in connection with the requirements of Item 601(b)(5) of Regulation S-K under the Act, and no opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement or related Prospectus, other than as expressly stated herein with respect to the issuance of the Common Units.

As such counsel, we have examined such matters of fact and questions of law as we have considered appropriate for purposes of this letter. With your consent, we have relied upon certificates and other assurances of officers of the general partner of the Partnership and others as to factual matters without having independently verified such factual matters. We are opining herein as to the Delaware Revised Uniform Limited Partnership Act (the “Delaware Act”) and we express no opinion with respect to any other laws.

Subject to the foregoing and the other matters set forth herein, it is our opinion that, as of the date hereof, when the Common Units shall have been duly registered on the books of the transfer agent and registrar therefor in the name or on behalf of the purchasers and have been issued by the Partnership against payment therefor in the circumstances contemplated by the form of underwriting agreement most recently filed as an exhibit to the Registration Statement,


            , 2015

Page  2

 

LOGO

 

the Common Units will be validly issued and, under the Delaware Act, purchasers of the Common Units will have no obligation to make further payments for their purchase of Common Units or contributions to the Partnership solely by reason of their ownership of Common Units or their status as limited partners of the Partnership, and no personal liability for the obligations of the Partnership solely by reason of being limited partners of the Partnership.

This opinion is for your benefit in connection with the Registration Statement and may be relied upon by you and by persons entitled to rely upon it pursuant to the applicable provisions of the Act. We consent to your filing this opinion as an exhibit to the Registration Statement and to the reference to our firm in the Prospectus under the heading “Validity of Our Common Units.” We further consent to the incorporation by reference of this letter and consent into any registration statement filed pursuant to Rule 462(b) with respect to the Common Units. In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission thereunder.

Very truly yours,