Pembina Gas Infrastructure to acquire key midstream assets from Veren for C$400m

Pembina Gas Infrastructure to acquire key midstream assets from Veren for C$400m

Pembina Pipeline Corporation has announced a landmark deal through its joint venture, Pembina Gas Infrastructure Inc., to acquire key midstream assets from Veren Inc., worth approximately $400 million CAD. This acquisition of four oil batteries located in Alberta’s prolific Gold Creek and Karr areas is expected to significantly expand Pembina’s midstream footprint and strengthen its […]