Keyera Partnership Infrastructure Divestiture

 

Sayer Energy Advisors has been engaged to assist Keyera Partnership (“Keyera” or the “Company”) with with the sale of its crude oil pipeline interests in the Red Earth Creek area of Alberta (the “Pipelines”). The Company is selling the Pipelines in order to focus its activities on its core business.

  • The Pipelines are located approximately 370 km north of Edmonton, in the Red Earth Creek area of north central Alberta.
  • Keyera holds a 64.441% working interest in and operates the Wabasca River Pipeline System, and the Company holds an 87.5% working interest in and operates the North Senex Pipeline System.
  • Recent change in ownership and operation of production could provide throughput upside, including increased drilling and licensing activity around the Pipelines which has been seen in early 2017.
  • The Pipelines are expected to generate net operating income of approximately $1.3 million for Keyera in 2017.

To book an appointment to visit the Data Room or
for more information please contact:

Tom Pavic, Ryan Ferguson Young, Ben Rye,
Jill Switzer or Alan Tambosso at
403.266.6133.

  • Sections:
  • M&A

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.