One-Page Deal Sheet
NGL Energy Partners Acquires Bakken SWD Facilities
NGL Energy Partners Lp Saltwater Disposal of North Dakota Llc, Saltwater Disposal Systems, LLC, WaterWorks Corral Creek, LLC
Announced Date
November 24,2014
Close Date
November 24,2014
Transaction Type
Asset
Location
Region
Williston Basin
Country
United States
State
North Dakota
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NGL Energy Partners LP has acquired two salt water disposal facilities from WaterWorks Corral Creek, LLC, and Saltwater Disposal Systems, LLC, respectively for a total cost of $34.6 million in cash.
The acquisition, which includes 13 employees, represents NGL Water Solutions’ entrance into the Bakken shale play in North Dakota. These high quality, high volume facilities located in McKenzie and Dunn Counties bring NGL’s total treatment and disposal capacity throughout the US to approximately 800,000 barrels per day.
Jim Burke, President, commented: "NGL Water Solutions has evaluated…
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