One-Page Deal Sheet
Whiting Announces Partnership In Bakken Gas Plant
MDU Resources Group Inc. Whiting Petroleum Corp.
Announced Date
May 22,2012
Transaction Type
Asset
Location
Region
Williston Basin
Country
United States
State
North Dakota
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Whiting Petroleum Corporation announced that its subsidiary, Whiting Oil and Gas Corporation, sold to Bitter Creek Pipelines, LLC, a subsidiary of MDU Resources Group Inc., a 50% ownership interest in Whiting's Belfield gas processing plant, gas gathering, oil gathering and related facilities located in Stark County, North Dakota.
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…
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