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Company News

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:

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