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Stock Market & Financial Investment News

News Breaks
July 30, 2014
16:43 EDTOKS, OKEONEOK Partners to invest $605M-$785M in North Dakota
ONEOK Partners announced plans to invest approximately $605M-$785M between now and the end of the 3Q16 to build a new 200M cubic feet per day natural gas processing facility, the Demicks Lake plant, and related infrastructure in northeast McKenzie County, North Dakota, which will process natural gas produced from the Bakken Shale in the Williston Basin, construct additional natural gas compression to take advantage of additional natural gas processing capacity at the partnership's existing and planned Garden Creek and Stateline natural gas processing plants in the Williston Basin by a total of 100 MMcf/d, and build approximately 12 miles of natural gas liquids gathering pipeline from the Demicks Lake plant to the partnership's existing Bakken NGL pipeline. In addition, the Garden Creek III natural gas processing plant, originally scheduled for completion in 1Q15, is now ahead of schedule and slated for completion in Q4.
News For OKS;OKE From The Last 14 Days
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July 30, 2015
16:39 EDTOKSONEOK Partners to spend $70M-$100M for WesTex expansion
ONEOK Partners announced plans to invest $70M-$100M to expand its ONEOK WesTex Transmission intrastate natural gas pipeline system by increasing its throughput capacity by 260 million cubic feet per day of natural gas by Q1 of 2017.

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