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Stock Market & Financial Investment News

News Breaks
August 15, 2014
08:44 EDTRRMSRose Rock Midstream subsidiary announces binding open season
White Cliffs Pipeline, a partially owned subsidiary of Rose Rock Midstream, is soliciting binding contracts for 40,000 barrels per day of priority service on existing pipeline capacity. WCPL previously held an open season for its expansion and is now holding an additional open season for the remaining expansion capacity to provide all potential and existing shippers another opportunity to receive priority service in exchange for long-term minimum volume commitments. The open season will begin today and close at 5:00 P.M. CDT on September 5, by which time the T&D Agreement must be executed and returned.
News For RRMS From The Last 14 Days
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November 13, 2014
19:04 EDTRRMSRose Rock-operated White Cliffs Pipeline expands capacity
White Cliffs Pipeline, owned by subsidiaries of Rose Rock (RRMS), Plains All American Pipeline,(PAA), Western Gas Partners (WES) and Noble Energy (NBL), plans to expand capacity on its existing system to facilitate increasing shipments of crude oil from the DJ Basin to the Cushing hub. Once the Expansion Project is fully operational, the capacity of the White Cliffs Pipeline will increase from 150K barrels/day to a maximum of approximately 215K barrels/day. The Expansion Project is expected to be complete by the end of 3Q15. Following completion, Rose Rock Midstream, L.P. will continue operating the White Cliffs Pipeline.

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