In Part 2 of a leave-it-to-the-midstream transaction series, Western Canadian operator Wolf Midstream Inc. purchased the 50% of the Access Pipeline that it didn’t own from MEG Energy Corp. for about US$1.3 billion.

A deal with Devon Energy Corp. in July 2016 landed Wolf the other half of the pipeline, which is the first asset of the company founded in 2015 by a group of industry veterans. The recent deal with MEG also garnered the company a 100% ownership in the Stonefell Terminal, a 900,000 barrel storage facility connected to the pipeline.

To read the full story

Select an option below:

Tap into unmatched coverage of the oil and gas industry’s entire landscape.

Get Access for just $7 See more offers

Already have an account?

Sign In

Looking for Newsletters?

Manage preferences