| Date | Title | | | 05/16/12 | SemGroup Corporation and Noble Energy Agree to Build New Wattenberg Crude Oil Gathering System| TULSA, Okla.--(BUSINESS WIRE)--May. 16, 2012-- SemGroup® Corporation (NYSE:SEMG) today announced plans to construct a new crude oil gathering system in the Denver-Julesburg Basin (DJ Basin) in Colorado. The project will support Noble Energy, Inc.'s (NYSE: NBL) efforts to move their production away from the wellhead.
"Demand continues to increase for midstream services out of the DJ Basin," said Pete Schwiering, vice president of SemGroup Corporation. "Strong crude prices provide attractive eco... |
|  | | 05/10/12 | SemCAMS Signs Agreement with NuVista Energy Inc.| CALGARY, Alberta--(BUSINESS WIRE)--May. 10, 2012-- SemCAMS, a subsidiary of SemGroup® Corporation (NYSE:SEMG), today announced that it has signed a five year take-or-pay transportation service agreement with NuVista Energy Inc. This production from the Wapiti region in Alberta will be delivered by SemCAMS' operated gathering pipelines to SemCAMS' Kaybob South 3 (K3) gas plant, a world scale sour gas processing facility.
NuVista is one of many producers experiencing growing production resulting... |
| | | 05/09/12 | SemGroup Reports First Quarter 2012 Results| First Quarter Adjusted EBITDA Increased 8% Over 2011; Company Reaffirms 2012 Guidance
Tulsa, OK - May 9, 2012 - SemGroup® Corporation (NYSE: SEMG) ("SemGroup") today announced its financial results for the three months ended March 31, 2012.
SemGroup's adjusted earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA") was $28.6 million for the quarter ended March 31, 2012, an increase of 8% compared to Adjusted EBITDA of $26.5 million for the same quarter in 201... |
| | | 05/07/12 | SemGroup Corporation, Chesapeake Energy and Gavilon Finalize Glass Mountain Pipeline Joint Venture Agreements| TULSA, Okla.--(BUSINESS WIRE)--May. 7, 2012-- A subsidiary of SemGroup® Corporation (NYSE:SEMG), an affiliate of Chesapeake Energy Corporation (NYSE:CHK), and Gavilon, LLC, today announced the formation of Glass Mountain Pipeline LLC and the signing of definitive agreements to build the previously announced 210-mile crude oil pipeline. Construction of the pipeline is expected to begin this summer and be commissioned in the fall of 2013.
The new pipeline, constructed by SemGroup, will have an i... |
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