Kinder Morgan $3Bln Bakken buy

Written by  John McKay
Thursday, 22 January 2015
Free Read

Jan 22 (LNGJ) - Kinder Morgan, the largest energy infrastructure company in America with 80,000 miles of pipelines and stakes in two LNG facilities, has signed a $3 billion takeover deal for Hiland Partners, owned by oil billionaire Harold Hamm. Hiland is a business centred on pipelines and gas and oil gathering and processing systems mainly serving the Bakken Shale in North Dakota and Montana. A Kinder Morgan subsidiary owns stakes in LNG terminals near Savannah, Georgia, and in Pascagoula, Mississippi.

Last modified on Thursday, 22 January 2015 09:01
Rate this item
(0 votes)

Related Video

Free Read