MEG Energy selling interest in pipeline for $1.61-billion in effort to reduce debt load

Retrieved on: 2018-02-08 09:41:15

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MEG Energy selling interest in pipeline for $1.61-billion in effort to reduce debt load. View article details on hiswai:

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<div>MEG Energy Corp. is selling its interest in an oil-sands pipeline for $1.61-billion, a long-awaited deal aimed at reducing its heavy debt load while maintaining access to transport capacity for its growing northern Alberta bitumen production. With the transaction, Wolf Midstream Inc. gains full control of ...</div>

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