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Alias Born | 07/06/2012 |
Wednesday, February 13, 2013 11:14:32 PM
The company operates 18,000 miles of pipelines and gathering systems transporting active crude oil, NGL and refined products, has 20 million barrels of storage capacity, 70 trucks and 424 trailers, 83 transport and storage barges and 46 transport tugs through its interest in Settoon Towing.
The company currently has 93 billion cubic feet of natural gas storage capacity, fractionation facility (260,000 bbl/day), natural gas processing (8 Bcf), and 4,200 railcars.
The company has made acquisitions of US$9.3 billion worth since 2001-2012 with the primary focus to establish/expand footprint in existing or new core areas.
The company also has plans to invest US$4.1 billion in areas of recent and anticipated crude oil production growth including Canada and United States (Bakken, Rockies, Southern Texas/Eagle Ford, and Permian Basin).
The company intends to further enhance its flexibility by continuing to expand its rail assets and related staff to accommodate the growth.
Oil & Gas | OTCBB | OTCQB | Pink Sheets
Purely my own opinion. This is not investment advise and do your own due diligence.
Recent PAA News
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