Brookfield Infrastructure Partners’ willingness to fight a bidding war for hostile acquisition target Inter Pipeline Ltd. surprised midstream investors as share prices of the target company jumped.
Inter Pipeline Fund $72 Million Expansion Project on Bow River Pipeline System
Bow River Pipeline system gathers oil production in southern Alberta for delivery north to the oil storage and marketing hub at Hardisty
Inter Pipeline Ltd. – Cold Lake pipeline system
The Cold Lake pipeline system is the largest transporter of Cold Lake area bitumen production. It provides pipeline transportation service for the founding shippers; FCCL Partnership, Canadian Natural Resources and Imperial Oil, and also provides product transportation service for OSUM and Cenovus Energy. The producers’ heavy bitumen is blended with…