EPIC Successfully Completes Sale of EPIC Crude to Plains All American
EPIC Midstream Holdings (“EPIC”) announced that it has completed the sale of its 45% operated interest in EPIC Crude Holdings, LP (“EPIC Crude”) to Plains All American Pipeline (
NASDAQ: PAA)(“Plains”). Plains had already completed the purchase of 55% of EPIC Crude’s non-operated interest from Diamondback Energy (
NASDAQ: FANG) and Kinetik Holdings, Inc (
NYSE: KNTK). EPIC Crude owns long haul crude oil pipelines and associated oil terminal/logistics facilities that serve both the Permian and Eagle Ford basins.
