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Tidewater Midstream and Infrastructure Ltd T.TWM

Alternate Symbol(s):  TWMIF | T.TWM.DB.A

Energy Oil & Gas Midstream
Tidewater Midstream and Infrastructure Ltd. is a diversified midstream and infrastructure company with an integrated value chain across North American natural gas, natural gas liquids (NGLs), crude oil, refined product, and renewable energy markets. The Company's operations include downstream facilities, natural gas processing facilities, NGLs infrastructure, pipelines, storage, and various renewable initiatives. It also markets crude, refined products, natural gas, NGLs and renewable products and services to customers across North America. Its key midstream assets include the Brazeau River Complex and Fractionation Facility (BRC), a full-service natural gas and NGL processing facility with natural gas storage pools, and the Ram River Gas Plant, a sour natural gas processing facility with sulfur handling solutions and rail connections. Its key downstream asset is the Prince George Refinery (PGR), the sole light oil refinery within the interior British Columbia market.


TSX:TWM - Post by User

Tidewater Midstream and Infrastructure Ltd
Bullboard Posts
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Post by Deadmediaon Aug 25, 2017 8:11pm
129 Views
Post# 26623939

Paddle River Gas Plant

Paddle River Gas Plant
Great job by management to see the opportunity to revive this shut-in gas plant.   To have the gas plant up and running so quickly at 50% capacity and a pathway to increasing that is pretty impressive.  Point Loma Resources has a substantial land position around the newly revived Paddle River gas plant. 
 
As per the Point Loma Resources Q2 release.

"With the Tidewater Midstream and Infrastructure Ltd. (“Tidewater”) purchase and re-activation of a significant gas processing facility, Point Loma’s plans are now underway to re-activate production of 16 area wells that had a previous combined producing rate of approximately 2.0 mmcfd (net) with associated liquids. The deep cut facility is anticipated to improve the revenue per boe as well."
 
https://www.pointloma.ca/wp-content/uploads/2017/08/Point-Loma-FS-Q2-press-release-Aug-24-2017-final.pdf

Also, 

“With the plant reactivated, PLX could add net production volumes of 400 boe/d simply by truing on the shut-in wells. Additionally with the plant operational again, PLX see multiple drilling opportunities.” 

https://beforeitsnews.com/financial-markets/2017/06/point-loma-shares-surge-as-mackie-gives-upbeat-assessment-2924076.html

Bullboard Posts
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