Reuters logo
BRIEF-Tidewater Midstream and Infrastructure Ltd extends and increases take-or-pay processing agreement at Brazeau River complex
September 6, 2017 / 9:06 PM / 3 months ago

BRIEF-Tidewater Midstream and Infrastructure Ltd extends and increases take-or-pay processing agreement at Brazeau River complex

Sept 6 (Reuters) - Tidewater Midstream and Infrastructure Ltd

* Tidewater Midstream and Infrastructure Ltd extends and increases take-or-pay processing agreement at Brazeau River complex

* Tidewater Midstream and Infrastructure Ltd - ‍has extended term of a take-or-pay processing agreement by an additional two years to December 2020​

* Tidewater Midstream and Infrastructure Ltd - ‍plans to exit 2017 with an estimated annualized run rate of $80 million of adjusted EBITDA​

* Tidewater Midstream and Infrastructure Ltd - ‍increased volume commitment by about 10 MMCF/d to 30 MMCF/d with provision to deliver volumes up to 45 MMCF/d​

* Tidewater Midstream and Infrastructure Ltd- engaged in discussions, received support from credit facility syndicate to increase current credit facility​

* Tidewater Midstream and Infrastructure Ltd- ‍reactivated proven natural gas storage reservoir at Brazeau and expects to commence injections in next 60 days​ Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below