Hiland Partners Holdings LLC, a subsidiary of Kinder Morgan Inc., Houston, has agreed to purchase a natural gas gathering and processing system in North Dakota from Outrigger Energy II LLC for $640 ...
The pipeline carries supplies from the Williston Basin area to “high-demand markets ... assets to aggregate additional supplies from the Bakken”, said Tom Dender, president for midstream ...
With this transaction, KMI expects to reduce future capital expenditures needed to accommodate the growth of its existing Bakken customers ... systems in the Williston Basin of North Dakota.
Kinder Morgan Inc. (KMI) subsidiary, Hiland Partners Holdings LLC, has agreed to purchase a natural gas gathering and processing system in North Dakota from Outrigger Energy II LLC for $640 MM.