In 2014, Veresen announced the formation of Veresen Midstream, a 50/50-owned limited partnership between Veresen and Kohlberg Kravis Roberts & Co. Veresen, through Veresen Midstream, will be a leading Western Canadian gas and natural gas liquids midstream business. Visit Veresen Midstream’s website at www.veresenmidstream.com.
The new entity will support Encana and the Cutbank Ridge Partnership in their Montney development plans, and focus on other opportunities to provide producers with flexible and innovative energy infrastructure solutions. Veresen Midstream will be the primary growth vehicle for our Canadian natural gas and NGL midstream business.
Our midstream business also includes a significant interest in Aux Sable.