AltaGas acquires natural gas midstream facilities from Gibson Energy

Feb. 19, 2004
AltaGas Services Inc., Calgary, acquired a 40.78% interest in the Mica Pouce Coupe sweet gas processing facility from Gibson Energy Ltd., Calgary. Terms of the deal were not disclosed.

By OGJ editors
HOUSTON, Feb. 19 -- AltaGas Services Inc., Calgary, acquired a 40.78% interest in the Mica Pouce Coupe sweet gas processing facility from Gibson Energy Ltd., Calgary. Terms of the deal were not disclosed.

The Mica Pouce Coupe gathering and processing system is on the Alberta-British Columbia border near the town of Dawson Creek.

AltaGas has almost $900 million of assets and a market capitalization of over $600 million. The company markets natural gas and natural gas liquids and power sales.