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Re: Jiminy Cricket post# 21

Friday, 09/04/2015 7:20:36 AM

Friday, September 04, 2015 7:20:36 AM

Post# of 24
Holly Energy Partners (HEP +0.3%) agrees to acquire Enbridge’s (ENB +2.8%) 50% stake in the Frontier Pipeline for an undisclosed amount.

The Frontier pipeline is a 296-mile crude oil route that runs from Casper, Wyo., to Frontier Station, Utah, and has a capacity of 72K bbl/day; the line brings Canadian and Rocky Mountain crude oils south to refineries in the Salt Lake City area.

Plains All American (PAA +1.5%) owns the remaining 50% interest and will continue to operate the Frontier line.

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