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.

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Tidewater Midstream and Infrastructure Ltd > PIPE gas handling agreement

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Comment by firstworldon Dec 14, 2020 3:53pm

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Post# 32102105

RE:PIPE gas handling agreement

With no SBLC in place to cover the comittmemnts its meaningless.

fauxtomato wrote: Pipestone Energy announced a new processing agreement with the Pembina owned VMLP at Hythe, take or pay of 25 mmcf and IT service up to a total of 50mmcf/d beginning Q4 2021.

VMLP is building a gathering extension to PIPE's 6-30 pad eventually connecting to the Hythe facility:

https://static1.squarespace.com/static/5c083cd8aa49a1f2c0237f43/t/5fcf72d7caa95a391e6eabd4/1607430872701/PIPE+-+Announcing+Veresen+Midstream+Agreement+vF+.pdf

Another straw in the PIPE milkshake, will be interesting to see what TWM does with their next phase of growth capital when they can afford it. The 9-14 pad they bought from PIPE doesn't look to have any near term development around it.