One-Page Deal Sheet
Calumet Acquires Oil Loading Assets from Murphy
Calumet Specialty Products Partners, L.P. Murphy Oil Corp
Announced Date
August 09,2013
Close Date
August 09,2013
Transaction Type
Asset
Location
Region
Williston Basin
Country
United States
State
North Dakota
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Calumet Specialty Products Partners L.P. has acquired seven crude oil loading facilities and related assets in North Dakota and Montana from Murphy Oil USA, Inc.
The transaction closed on August 9, 2013. Financial terms of the transaction were not disclosed.
With the acquisition of these loading facilities, all of which are connected at junction points along Enbridge's North Dakota pipeline system, Calumet will be positioned to source increased volumes of crude oil directly from local producers in North Dakota and Montana while continuing to supplement its feedstock procurement through…