Acquiring Company
Enbridge
Acquired Company
Salt Creek Midstream
CalgaryEnergyOil And GasRenewable EnergyEnergyOil And GasDescription
Enbridge Inc. announced its agreement to acquire Salt Creek Midstream's crude oil gathering business for US$600 million. This acquisition includes critical infrastructure in the Delaware Basin, enhancing Enbridge's presence in the Permian Basin. The deal represents a strategic move to connect production to export terminals and is expected to close later in 2026.
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Frequently asked
Who acquired Salt Creek Midstream?
Salt Creek Midstream was acquired by Enbridge, based in Calgary. The deal was reported on August 26, 2026. Enbridge Inc., a Canadian Company, is a North American leader in delivering energy. Enbridge is publicly traded (ENB) and operates in Energy.
When did Enbridge acquire Salt Creek Midstream?
Enbridge's acquisition of Salt Creek Midstream was reported on August 26, 2026. Enbridge Inc. announced its agreement to acquire Salt Creek Midstream's crude oil gathering business for US$600 million. This acquisition includes critical infrastructure in the Delaware Basin, enhancing Enbridge's presence in the Permian Basin. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Salt Creek Midstream do?
Salt Creek Midstream operates crude oil gathering systems and is involved in the entire value chain of crude oil logistics. The company focuses on providing efficient transportation and storage solutions. It is privately held, operating in Energy.
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