Plains to buy Silver Creek Powder River Basin assets for $585 million
Plains All American Pipeline and Plains GP Holdings agreed to acquire Silver Creek Midstream’s Powder River Basin crude oil midstream assets for about $585 million in cash, including about 600 miles of crude oil gathering and transmission.
Plains All American Pipeline and Plains GP Holdings have agreed to acquire Silver Creek Midstream’s Powder River Basin crude oil midstream assets for about $585 million in cash. Plains said the package includes about 600 miles of crude oil gathering and transmission assets.