DAPL-CPG IR responseNot sure if any one contacted IR. Here is the reponse I received this morning. From the sounds of the email, this volume may be curtailed at the moment. I have asked for clarification.
Hi Shak,
Thank you for reaching out.
CPG does not have any committed takeaways on DAPL, but we have used it from time to time. We will be looking at other options, if need be, to move the barrels out including trucking, field storage and the timing of bringing back some of the curtailed volumes (depending on economics). It is expected that the differentials may widen in the near term.
Note, our production in North Dakota represents approximately 14% of our total corporate production in 2020.
Please don’t hesitate to reach out if you have any additional questions.
Best,
Kelly
Kelly Flaherty, CFA
Investor Relations Analyst