One-Page Deal Sheet
Plains to buy Bakken assets from Nexen
Transaction Details: Require Private Equity Subscription
Plains All American Pipeline LP has agreed to buy energy gathering and transportation assets from Nexen Holdings USA Inc. for $210 million.
The deal with Plano-based Nexen, the U.S. office for Canada-based Nexen Inc., includes crude oil gathering and transportation assets that primarily service Bakken area producers in Northwestern North Dakota and Northeastern Montana, according to the Houston-based energy transportation company.
Included among the assets are a lease gathering business maintaining about 55,000 barrels per day; the Robinson Lake pipeline, a 20-mile pipeline that currently…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Oct-26-2021 |
- |
- |
Click here | North Dakota | Midstream |
| Mar-22-2021 |
- |
- |
Click here | North Dakota | Midstream |
| Feb-19-2019 |
- |
- |
Click here | North Dakota | Midstream |
| Nov-08-2018 |
- |
- |
Click here | Midstream | |
| Apr-30-2018 |
- |
- |
Click here | Midstream |
