Western Gas To Buy $303M Encana Assets

Western Gas Partnerswill purchase gas gathering and processing assets in northeastern Colorado from natural gas producer,加拿大能源公司石油天然气(USA),The Wall Street Journalreports. The deal is estimated to be worth about $303.3 million.

The company expects to finance the deal with its existing $450 million revolving credit facility. Under the agreement, Western will acquire a processing plant adjacent to one it already owns along with five gathering systems.

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