The assets include 100% working interest in select Deep Basin and central Alberta gas processing facilities and related infrastructure. The majority are located in Tidewater's core West Pembina region.
Midstream assets figure heavily into deal, with Dominion calculating that $425 million in EBITDA could be moved into its midstream MLP. The merger would put Eastern and Western gas market under Dominion’s roof.
At closing, expected in the first quarter of 2016, the gathering system will consist of more than 220 miles of oil, gas and water gathering lines installed in conjunction with WPX’s drilling in the Gallup oil play.
The assets would boost its natural gas footprint in Montney, one of the most attractive gas plays in North America, the company said.
Water Standard Group will now be able to deliver innovative, competitively priced water treatment solutions from small skid-mounted assemblies and mobile equipment, and larger integrated packages and modules.
The assets include Touchstone's Kerrobert, Saskatchewan facility and infrastructure. The property contributed an average of 100 barrels per day of heavy oil during the three months ended Sept. 30.
From Jan. 4 to Jan. 11, Berkshire Hathaway paid about $390 million for additional 5.1 million shares of Phillips 66, according to filings with U.S. Securities and Exchange Commission, Reuters reported.
ainted Pony also has signed an agreement with TransCanada to participate in the Towerbirch Expansion Project that will provide the company with 130 MMcf/d of firm transportation service.
CSB Chairwoman Vanessa Allen Sutherland said blast debris narrowly missed a tank of thousands of pounds of hydroflouric acid, which can vaporize and spread for miles, burning eyes, skin and lungs, Reuters reported.
BP, partners with Statoil and Algeria's Sonatrach in the In Amenas joint venture plant, acknowledged proceedings against certain BP entities had been issued in the London court, Reuters said.
Greg Goff, chairman, president and CEO, said assets bolster Tesoro’s capability as full-service logistics provider to state’s crude producers. Tesoro will gain direct access to additional crude for West Coast refineries.
All personnel were accounted for and the situation was under control after a partial evacuation at the Kaarstoe plant, Statoil said, Reuters reported. Norway’s gas production capacity was cut.