Outrigger Energy sells Permian Basin midstream assets for up to $1.5 billion

Outrigger Permian includes natural gas gathering and processing and crude oil gathering systems Outrigger Energy says Targa Resources Corp. has agreed to acquire its three midstream subsidiaries in the Permian Basin for up to $1.5 billion cash, according to a press release. “We are very pleased with the midstream systems we’ve developed in the Midland and Delaware […]

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