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Veresen, Enbridge to Continue to Grow Bakken Midstream Services

Veresen Inc. (VSN.TO) and and Enbridge Inc. (ENB.TO) announced the approval by their respective boards of directors which will allow Alliance to proceed with development of a natural gas pipeline lateral and associated facilities to connect production from the Hess Tioga field processing plant in the Bakken region of North Dakota to the Alliance mainline near Sherwood, ND. The 77-mile Tioga Lateral will facilitate movement of the high-energy, liquids-rich natural gas to natural gas liquid processing facilities.

Enbridge also said Monday it had restarted its 25,000 barrel per day Line 26 pipeline a day after closing it because of an oil spill at Berthold, North Dakota

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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