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Zenith Energy Ltd

Company Summary

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Company Transactions

Date: 10/16/2020
Type: Acquisition

BUYERS:
  • Zenith Energy Ltd
    • SELLERS:
  • Plains All American Pipeline
    • ASSETS:
  • Alamitos Terminal
  • Long Beach Terminal
  • Dominguez Hills Terminal
    • DETAILS:

    VOLUMES: 8.2 MM Bbls

    NOTES:
    The deal included the Long Beach, Dominguez Hills and Alamitos Terminals and 50-miles of pipeline between the terminals and major refineries nearby. Those include a storage capacity of 8.2 MMbbl, deep water docks and the Line 2000, Line 63 and the M70 pipeline systems.
    REGIONS:
  • California

    • Date: 12/26/2018
    Type: Acquisition

    BUYERS:
  • Zenith Energy Ltd
    • SELLERS:
  • CorEnergy Infrastructure Trust, Inc.
    • ASSETS:
  • Portland Terminal Facility
  • Joliet Terminal
    • DETAILS:

    COST: 61 $MM

    NOTES:
    CorEnergy has sold their Portland Terminal Facility and a minority stake in the Joliet Terminal to Zenith Energy for $61 million.
    REGIONS:
  • West

    • Date: 2/15/2018
    Type: Acquisition

    BUYERS:
  • Tallgrass Energy Partners, LP
  • Tallgrass Terminals, LLC
    • SELLERS:
  • Zenith Energy Ltd
    • ASSETS:
  • Pawnee Terminal
    • DETAILS:

    COST: 31 $MM

    NOTES:
    The deal includes a 51% membership interest in the Pawnee, Colorado crude oil terminal for $31 million from Zenith Energy. The Pawnee Terminal has an injection point for the Pony Express NE Colorado Lateral and 300,000 barrels of storage.
    REGIONS:
  • Rockies