Plains to Acquire SCM PR II (Silver Creek)

Enbridge to Acquire Tallgrass’ Crude Oil Transportation Business (Pony Express and Powder River Gateway)

September 9, 2026

Infrastructure

Enbridge announced it has entered into a definitive agreement to acquire Tallgrass Energy’s crude oil transportation, gathering, storage, and terminaling business for $2.55 billion in cash. The assets include 75% of the Pony Express Pipeline and 51% of the Powder River Gateway system, plus associated storage and Stanchion Energy crude marketing activities.

Enbridge Agrees to Acquire Salt Creek Midstream Crude Oil Gathering Assets for $600 Million

August 26, 2026

Infrastructure

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.

Carlyle Commodities Corp Acquires Silver Pony Resources Corp

March 31, 2026

Industrial Services

Carlyle Commodities Corp. has signed a definitive agreement to acquire all issued and outstanding shares of Silver Pony Resources Corp. via a three-cornered amalgamation. Following closing, Silver Pony’s shareholders will receive Carlyle shares and the combined company will primarily pursue exploration and development of Silver Pony’s Trout Lake Property in British Columbia.

Indiana American Water Acquires Silver Creek Water Corporation for $45M

September 5, 2024

Utilities

Indiana American Water (a subsidiary of American Water) received regulatory approval and completed the $45 million acquisition of Silver Creek Water Corporation, bringing roughly 8,000 customers into INAW's Southern Indiana operations. The member-owned utility's board and members approved the sale, and Silver Creek employees will join Indiana American Water following closing on November 6, 2024.

Phillips 66 Acquires Pinnacle Midstream from Energy Spectrum Capital

May 20, 2024

Energy

Phillips 66 has agreed to acquire Pinnacle Midland Parent LLC (Pinnacle Midstream II) from private equity firm Energy Spectrum Capital for $550 million to expand its natural gas gathering and processing footprint in the Midland Basin. The assets include the Dos Picos 220 MMcf/d processing plant, ~80 miles of gathering pipeline and 50,000 dedicated acres; the deal is expected to close mid‑2024 subject to customary conditions, including HSR clearance.

Western Midstream Acquires Meritage Midstream for $885M

September 5, 2023

Energy

Western Midstream Partners, LP agreed to acquire Meritage Midstream Services II, LLC in an all-cash transaction for $885 million to expand its Powder River Basin footprint. The deal adds ~1,500 miles of gathering pipelines, ~380 MMcf/d processing capacity and the Thunder Creek NGL pipeline; closing was expected in Q4 2023 subject to customary approvals.