Exhibit 5.1
August 8, 2016
Antero Midstream Partners LP
1615 Wynkoop Street
Denver, Colorado 80202
Ladies and Gentlemen:
We have acted as counsel to Antero Midstream Partners LP, a Delaware limited partnership (the Partnership), in connection with the preparation and filing of the Registration Statement on Form S-3 (Registration No. 333-212283) (the Registration Statement) by the Partnership relating to the offer and sale by the Partnership from time to time, pursuant to Rule 415 under the Securities Act of 1933, as amended (the Securities Act), of common units representing limited partner interests in the Partnership having an aggregate offering price of up to $250,000,000 (the Units).
As the basis for the opinion hereinafter expressed, we examined (i) the Equity Distribution Agreement, dated August 8, 2016, relating to the offer and sale of the Units (the Distribution Agreement), a copy of which is being filed with the SEC as an exhibit to the Partnerships Current Report on Form 8-K on or about the date hereof, (ii) the Registration Statement, (iii) the prospectus included in the Registration Statement (the Base Prospectus), (iv) the prospectus supplement to said prospectus dated August 8, 2016 (the Prospectus Supplement, and together with the Base Prospectus, the Prospectus), (v) resolutions of the Board of Directors Antero Resources Midstream Management LLC, a Delaware limited liability company and the general partner of the Partnership, dated June 22, 2016 and August 2, 2016, and (vi) such statutes, including the Delaware Revised Uniform Limited Partnership Act (the Delaware LP Act) and the Partnerships respective records and documents, certificates of the Partnership and public officials, and other instruments and documents as we deemed necessary or advisable for the purposes of this opinion.
In connection with this opinion, we have assumed (i) the authenticity of all documents submitted to us as originals and the conformity with the original documents of all documents submitted to us as copies and (ii) that all Units will be sold in compliance with applicable federal and state securities laws and in the manner specified in the Registration Statement and applicable Prospectus.
Based on the foregoing, and subject to the assumptions, qualifications, limitations and expectations set forth herein, we are of the opinion that the Units, when issued and delivered against payment therefor as provided in the Distribution Agreement, will be validly issued,
Vinson & Elkins LLP Attorneys at Law |
|
1001 Fannin Street, Suite 2500 |
fully paid (to the extent required under the Agreement of Limited Partnership of Antero Midstream Partners LP, as amended) and non-assessable (except as such nonassessability may be affected by Section 17-609 or 17-804 of the Delaware LP Act) and (ii) purchasers of the Common Units will have no obligation under the Delaware LP Act, the Partnerships governing documents or any resolution or other action taken under the Partnerships governing documents, to make further payments to the Partnership or its creditors for their purchase of Common Units or contributions to the Partnership or its creditors solely by reason of their ownership of Common Units or their status as limited partners of the Partnership.
The foregoing opinion is limited to the federal laws of the United States of America, the Constitution of the State of Delaware and the Delaware LP Act, each as interpreted by the courts of the State of Delaware, and we are expressing no opinion as to the effect of the laws of any other jurisdiction.
We hereby consent to the reference to us under the heading Legal Matters in the Registration Statement and the filing of this opinion as an exhibit to the Registration Statement. By giving this consent, we do not admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act and the rules and regulations thereunder.
|
Very truly yours, |
|
|
|
/s/ Vinson & Elkins L.L.P. |
|
|
|
Vinson & Elkins L.L.P. |