Black Bear Transmission sells Ozark natural gas gathering assets
The company has completed the divestiture of all the assets owned by Ozark Gas Gathering, L.L.C. to an undisclosed buyer.
The company has completed the divestiture of all the assets owned by Ozark Gas Gathering, L.L.C. to an undisclosed buyer.
This agreement with ATCO Gas and Pipelines Ltd. replaces the company's previous agreement to sell its interest in the Pioneer Pipeline to NOVA Gas Transmission Ltd.
Delaying financial investment decisions, slashing capital expenditure and stalling projects have become the norm for several pipeline operators to conserve cash, according to GlobalData.