Showing posts with label Meritage building oil. Show all posts
Showing posts with label Meritage building oil. Show all posts

Thursday, August 13, 2015

Meritage building oil, gas base in western Canada

Meritage Midstream Administrations III LP, the Canadian member of Denver-based Meritage Midstream Administrations, has concurred with maker Canadian Global Oil Corp. to manufacture regular gas assembling, pressure, and preparing resources and raw petroleum gathering advantages for backing the advancement of CIOC's Montney and Duvernay shale positions in west-focal Alberta.

Meritage III will give 75 MMcfd of gas assembling and preparing limit—expandable to 225 MMcfd—and up to 10,000 b/d of unrefined petroleum gathering limit. Development of both frameworks started in May.

The 42-km, high-weight gas gathering framework will convey rich gas to the new preparing plant, which will be 60 miles south of Amazing Prairie, Alta. The plant is required to come into administration in April 2016 and will offer associations for deposit gas to the TransCanada pipeline and other conveyance focuses.

The 37-km unrefined petroleum gathering framework takes after the same course as the greater part of the gas gathering pipeline and will unite with Pembina Pipeline Corp's. Karr sidelong pipeline, which will serve Pembina's terminal in the Lator territory of northwest Alberta.

Meritage Midstream III is supported by $300 million in value responsibilities from trusts oversaw by Riverstone Property LLC.

Meritage additionally reported that Michael A. Hantzsch has joined the organization as senior VP, Canada, where he will lead Meritage's soon-to-open office in Calgary. He has over 37 years of involvement in the vitality business with an attention on Canada.

Hantzsch has held senior positions with a few vitality organizations, including Williams Vitality, Provident Vitality, and most as of late Pembina as VP, oil sands and overwhelming oil. While at Williams he was in charge of dealing with the organization's introductory enthusiasm for the Union pipeline undertaking and later assumed a key part in the buy of TransCanada Midstream's NGL busin

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