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MDU Resources Subsidiary Acquire Bakken Midstream Assets

MDU Resources Group Inc. Whiting Petroleum Corp.
AnnouncedMay 21, 2012
LocationBakken Shale & Three Forks
Announced Date
May 21,2012




Snapshot
Location
Region
Williston Basin

Country
United States

State
North Dakota

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MDU Resources Group, Inc. through its wholly owned subsidiary, Bitter Creek Pipelines, LLC, announced an agreement purchasing a 50 percent undivided interest in Whiting Oil and Gas Corporation’s natural gas and oil midstream assets near Belfield, N.D. in the Bakken area.

The facilities include a newly constructed, state-of-the-industry natural gas processing plant and a natural gas gathering pipeline system connected to the plant. A natural gas residue line that ties into the Williston Basin Interstate Pipeline Company system (an MDU Resources subsidiary) is also included, along with a crude…



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