Plains All American, Oryx Midstream to Merge Permian Basin Assets
Transaction Type
Basin
Permian Basin
Announce Date
Post Date
Estimated Price
MM
Description
To acquire Midland, TX-based Oryx Midstream through a cashless merger transaction of Oryx with a vast majority of Plains Permian Basin assets forming Plains Oryx Permian Basin, a debt-free JV. (Expected to close 4Q 2021)