February 12, 2018 [Reuters] - Canadian oil sands producer MEG Energy said on Thursday it had agreed to sell some of its pipeline and storage assets for C$1.61 billion ($1.28 billion) to Wolf Midstream Inc.
MEG said it would sell its Stonefell oil storage terminal for C$210 million and a 50 percent interest in Access Pipeline for C$1.4 billion.
Separately, MEG reported revenue of C$755 million for the fourth quarter, up from $566 million a year earlier.
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