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Tidewater Intends to Invest Incremental $25 Million in Liquids Handling Equipment at Pipestone Gas Plant

By Criterion Research
August 13, 2019 -

Tidewater intends to invest an incremental $25 million in liquids handling equipment in order to increase truck-in, stabilization, treating, and storage capacity at the Pipestone Gas Plant due to increasing demand in the area. The investment in additional liquids handling equipment is anticipated to generate additional Adjusted EBITDA of roughly $4 million once complete. 


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Entities
Tidewater Midstream and Infrastructure Ltd

Projects
Pipestone Gas Plant (subscriber access)

Categories
Oil and Gas
Midstream

Commodities
Natural Gas

Tags
Capital Projects
Capital Spending
Earnings Releases

Regions
Western Canadian Sedimentary Basin

Countries
Canada

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