RE:RE:RE:Excellent article on Advantage by Herve BlandinFrom their NR:
Transaction Summary
- Advantage will sell a 12.5% interest in the 400 mmcf/d Glacier Gas Plant for $100 million, and retain the remaining 87.5% interest
Looks to me that they are the same (aka working interest).
As to who their partner is, it could be a financial player for sure. Midstreamers like Keyera, Steel Reef or Tidewater typically like to operate and own majority or all.