May 7, 2018 / 8:46 PM / 2 months ago

BRIEF-Semgroup With NGL Capabilities Signs Long-Term Contract With DCP Midstream

May 7 (Reuters) - SemGroup Corp:

* SEMGROUP TO DIVERSIFY WHITE CLIFFS PIPELINE SERVICE WITH NGL CAPABILITIES; SIGNS LONG-TERM CONTRACT WITH DCP MIDSTREAM

* SEMGROUP OWNS 51 PERCENT OF WHITE CLIFFS PIPELINE AND IS OPERATOR

* PROJECT IS ESTIMATED TO COST BETWEEN $60 MILLION AND $66 MILLION, OF WHICH SEMGROUP WILL FUND 51 PERCENT

* SEMGROUP ANTICIPATES MINIMAL SPENDING ON THIS PROJECT IN 2018 Source text for Eikon: Further company coverage:

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