Enbridge Agrees to Acquire Salt Creek Midstream Crude Oil Gathering Assets for $600 Million
August 26, 2026
Enbridge has signed a definitive agreement to acquire Salt Creek Midstream’s crude oil gathering business for US$600 million in cash. Through a wholly owned subsidiary, Enbridge will acquire 100% of the Orla and Wink North gathering systems and a 50% interest in the Delaware Crossing (DCX) system, with expected closing later in 2026 subject to customary conditions including Hart-Scott-Rodino clearance.
- Buyers
- Enbridge Inc.
- Targets
- Salt Creek Midstream's crude oil gathering business, Orla gathering system, Wink North gathering system, Delaware Crossing (DCX) system
- Sellers
- Salt Creek Midstream
- Industry
- Infrastructure
- Location
- Alberta, Canada
- Transaction Type
- Buyout
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