One-Page Deal Sheet
ONEOK to Acquire Gas Processing Facility; Add to Infrastructure
Oneok Partners, L.P. Not Disclosed
Announced Date
August 26,2013
Transaction Type
Asset
Transaction Details: Subscribe to see
ONEOK Partners L.P. will invest approximately $440 million in the natural gas liquids-rich area in the Powder River Basin in Wyoming to:
Purchase a 50-million cubic feet per day (MMcf/d) natural gas processing facility – the Sage Creek plant and related natural gas gathering and natural gas liquids (NGL) infrastructure – in western Converse and Campbell Counties, Wyo., for $305 million from an undisclosed seller; and Invest $135 million to upgrade and construct natural gas gathering and processing related infrastructure, NGL gathering pipelines and well connections."The Sage Creek plant…
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