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On The Hunt For Cash, Whiting Sells Bakken Oil Gathering & Processing Systems

Tesoro Logistics Lp MDU Resources Group Inc., Whiting Petroleum Corp.
AnnouncedNov 21, 2016
TypeAsset
LocationBakken Shale & Three Forks
Announced Date
November 21,2016
Close Date
January 04,2017
Transaction Type
Asset




Snapshot
Location
Region
Williston Basin

Country
United States

State
North Dakota

County
Stark ,Billings ,Dunn ,Mountrail

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Transaction Details:  Subscribe to see

Closing Announcement - January 3, 2017

Whiting has closed the previously announced sale of its 50 percent interest in its Robinson Lake natural gas processing plant and associated natural gas gathering system located in Mountrail County, North Dakota and its 50 percent interest in its Belfield natural gas processing plant and associated natural gas, crude oil and water gathering systems located in Stark, Billings and Dunn Counties, North Dakota.

The all cash purchase price was $375 million, subject to closing and post-closing adjustments.

Initial Announcement - Nov 21, 2016

Whiting Petroleum…



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