WHO WE ARE
Veresen Midstream was formed in late 2014 through a transaction by Veresen Inc. and Kohlberg Kravis Roberts & Co. LP.
As part of the transaction, Veresen Midstream acquired certain Dawson infrastructure assets from Encana and the Cutbank Ridge Partnership (“CRP”), including 500 km of gas gathering pipelines and 675 MMcf/d of compression capacity along with the 200 MMcf/d Saturn compressor station which was nearing construction completion. Construction work in progress at the Sunrise and Tower gas plants was also part of the transaction.
Veresen Midstream has committed up to $5 billion of new midstream expansion for Encana and CRP under a 30-year fee-for-service arrangement.
We are focused on providing flexible and innovative midstream solutions to the producer community.
We have a collaborative and producer-centric approach and our goal is to work closely with our producer partners to understand their objectives and specific needs.