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Dakota Access, LLC

Company Summary

Description

Holding company for the Dakota Access Pipeline

Related Entities

Recent news

  • 1/13/2022 - Illinois Appelate Court... (subscriber access)
  • 9/21/2021 - Dakota Access Pipeline... (subscriber access)
  • 4/26/2021 - U.S. Court of Appeals... (subscriber access)
  • 4/6/2021 - Exxon Files Lawsuit... (subscriber access)
  • 2/15/2021 - Two Federal Attorneys... (subscriber access)

Company Transactions

Date: 10/2/2017
Type: Acquisition

NOTES:
Phillips 66 Partners has entered into a deal to acquire a 25% stake in Dakota Access, LLC and Energy Transfer Crude Oil Company and a 100% interest in Merey Sweeny, LP from Phillips 66. The acquisition has a transactional value of $2.4 billion, which includes the assumption of $625 million in Bakken Pipeline debt and $100 million in Merey Sweeny related debt. The deal is set to close in early October 2017.
REGIONS:
  • Rockies
  • Gulf Coast