One-Page Deal Sheet
Anadarko to Purchase 20% Equity Interest in Saddlehorn Pipeline
Transaction Details: Require Private Equity Subscription
Magellan Midstream Partners and Plains All American Pipeline, L.P. announced that a wholly owned subsidiary of Anadarko Petroleum Corporation has exercised its option to purchase a 20% equity interest in Saddlehorn Pipeline Company. As a result of today's announcement, the equity ownership in Saddlehorn will be 40% Magellan, 40% Plains and 20% Anadarko.
Saddlehorn is a limited liability company that will construct, own and operate the Saddlehorn pipeline, an approximately 550-mile pipeline that will transport various grades of crude oil from the DJ Basin, and potentially the broader Rocky…
Rockies - DJ Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Mar-05-2021 |
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Click here | Midstream | |
| Feb-04-2020 |
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Click here | Midstream | |
| Nov-15-2019 |
- |
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Click here | Texas | Midstream |
| Nov-08-2018 |
- |
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Click here | Texas | Midstream |
| Jul-30-2018 |
- |
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Click here | Colorado | Midstream |
