May 17, 2017 / 8:16 PM / 4 months ago

BRIEF-DCP Midstream plans divestiture of Douglas Gathering System in Wyoming

May 17 (Reuters) - Dcp Midstream Lp

* Planned divestiture of Douglas Gathering System in Wyoming, includes about 1,500 miles of gathering lines, to Tallgrass Energy Partners

* Planned divestiture of its douglas gathering system in wyoming was for approximately $128 million

* Proceeds from this transaction will be used to fund its strategic organic growth projects around its premier footprint

* Transaction has been approved by appropriate governing bodies of both companies Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below