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Enbridge Bakken Pipeline Expansion Secures 100,000 bpd Capacity Commitments
Enbridge Energy Partners, L.P. (NYSE:EEP) ("EEP") and Enbridge Income Fund Holdings Inc. (TSX:ENF) ("EIFH"), announced today that additional shippers have finalized capacity commitments to the Bakken Expansion Program under the terms of the open season process. The expansion program is being undertaken on the Enbridge North Dakota System owned by EEP, and the Enbridge Saskatchewan System, owned by the Enbridge Income Fund (“EIF”). The total cost of the program is expected to be $560 million.

date.png15 Feb 2011 13:52 | comments.png 0 Comments | tags.png bakken canada enbridge pipeline usa [ More ]

Hess Completes Acquisition of Additional Bakken Acreage
Hess Corporation (NYSE: HES) announced today that is has completed the acquisition of 167,000 net acres in the Bakken oil shale play in North Dakota from TRZ Energy, LLC for $1,050 million in cash. The acquired properties are located near Hess' existing acreage and have current net production of approximately 4,400 boe/d.

date.png29 Dec 2010 14:16 | comments.png 0 Comments | tags.png bakken deals hess usa [ More ]

Hess Completes Acquisition of American Oil & Gas Inc.
Hess Corporation (NYSE: HES) announced today it has completed the acquisition of American Oil & Gas Inc. The all-stock transaction increases Hess' strategic position in the Bakken oil play in North Dakota by approximately 85,000 net acres.

date.png21 Dec 2010 06:31 | comments.png 0 Comments | tags.png bakken deals hess usa [ More ]

Hess Acquires Additional Bakken Acreage
Hess Corporation (NYSE: HES) announced today that it has agreed to acquire 167,000 net acres in the Bakken oil shale play in North Dakota from TRZ Energy, LLC for $1,050 million in cash.

date.png23 Nov 2010 09:23 | comments.png 0 Comments | tags.png bakken hess shale upstream usa [ More ]

Patterson-UTI Energy Completes Acquisition of Pressure Pumping and Wireline Businesses from Key Energy Services
PATTERSON-UTI ENERGY, INC. (Nasdaq: PTEN) today announced that two subsidiaries of the Company, Universal Pressure Pumping, Inc. and Universal Wireline, Inc. have completed the acquisition of pressure pumping and wireline assets from subsidiaries of Key Energy Services, Inc. (NYSE: KEG) for approximately $238 million in cash.

date.png04 Oct 2010 05:54 | comments.png 0 Comments | tags.png bakken investing patterson-uti services [ More ]
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