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Black Bear Seals Deal for Ozark Gas Midstream Assets

Black Bear Transmission LLC Enbridge Inc.
AnnouncedApr 1, 2020
TypeAsset
LocationMid-Continent,Ark-La-Tex
Announced Date
April 01,2020
Close Date
April 01,2020
Transaction Type
Asset




Snapshot
Location
Region
Ark-La-Tex,Mid-Continent

Country
United States

State
Oklahoma

Play
Mid-Continent,Ark-La-Tex



Transaction Details:  Require Private Equity Subscription

Black Bear Transmission LLC, a portfolio company of the second Basalt fund, today announced that it has completed the acquisition of Ozark Gas Transmission LLC and Ozark Gas Gathering LLC from a subsidiary of Enbridge Inc.

Transaction terms were not disclosed.

Asset Details

OGT owns and operates a 367-mile, FERC-regulated interstate natural gas pipeline transportation system. The system extends from southeastern Oklahoma through Arkansas to southeastern Missouri and has significant interconnectivity to major long-haul natural gas pipelines. OGG owns and operates a fee-based, 330-mile natural…


Source : Require Private Equity Subscription