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Tidewater Midstream and Infrastructure Ltd T.TWM

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

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

Comment by fauxtomatoon Jan 08, 2021 1:27pm
263 Views
Post# 32255128

RE:RE:RE:RE:EOR

RE:RE:RE:RE:EORTo be fair the NG storage assets around BRC were classified as EOR as they were acquired from the wreckage of Blaze and Wild Rose. I don't think this is TWMs desperate gamble to stave off collapse by producing mana from the depths of Valhalla. Just an interesting insight into the minutiae. I see it as more of a disposal of produced water as a service than as a means of producing oil for salvation, but that's speculation.

2021 could be the year 2020 was supposed to be with Pipestone operating near capacity, refined product in demand, PGR processing 11.5m bbl of crude a day. The closure of the pioneer disposition and the potential sale of an interest in Pipestone and expansion of the facility would be my wager for the next bits of news but who knows.

I'm done buying and it's too early to sell, but I've placed my bets and will look for signs to bail on it entirely or reduce responsibly
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