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Stock Market & Financial Investment News

News Breaks
December 13, 2012
08:02 EDTCHK, PAAPlains All American acquires Eagle Ford infrastructure assets from Chesapeake
Plains All American Pipeline (PAA) announced that it has acquired certain crude oil and condensate gathering assets located in the Eagle Ford area of South Texas from a subsidiary of Chesapeake Energy Corporation (CHK). The purchase price was approximately $125M. The acquired assets include approximately 40 miles of crude oil/condensate gathering pipelines with a throughput capacity of approximately 50,000 barrels per day; 150,000 barrels of existing crude oil and condensate storage capacity; 300,000 barrels of storage capacity under construction and a truck unloading terminal. In support of the transaction, Chesapeake has provided long-term acreage dedications of future production in Webb and Dimmit counties. The acquired assets are complementary to and will be connected with PAA’s existing crude oil and condensate gathering systems.
News For PAA;CHK From The Last 14 Days
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August 28, 2015
12:01 EDTCHKStocks with call strike movement; CHK SWN
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August 21, 2015
07:05 EDTCHKChesapeake reports notice of proposed voluntary dismissal of derivative action
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August 19, 2015
16:00 EDTCHKOptions Update; August 19, 2015
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August 18, 2015
16:00 EDTCHKOptions Update; August 18, 2015
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