Oneok Plans $440M Powder River Basin Gas Project

Law360, New York (August 27, 2013, 2:35 PM ET) -- Oneok Partners LP will shell out $305 million for a Wyoming natural gas processing plant and related infrastructure as part of a wider $440 million investment in the growing Powder River Basin, it announced Monday.

According to the company, it has agreed to purchase the Sage Creek processing plant in Converse County, Wyo., from an undisclosed seller, as well as connected natural gas gathering and natural gas liquids, or NGL, infrastructure in both Converse Country and the neighboring Campbell County in the northeastern part of the...
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