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Forbes: Denham Capital near sale of Outrigger Energy, possibly to EnLink

Dec. 09, 2016 10:03 AM ETEnLink Midstream Partners, LP (ENLK) StockTRGP, ENLK, ENLC, ETBy: Carl Surran, SA News Editor
  • Outrigger Energy, backed by P-E firm Denham Capital, is nearing a sale to a publicly traded oil and gas midstream services provider, with an affiliate of EnLink Midstream Partners (ENLK -0.5%) and EnLink Midstream LP (ENLC -0.3%) the most likely buyer, Forbes reports.
  • Targa Resources (TRGP +0.1%) and Energy Transfer Partners (ETP -0.2%) also are potential acquirers, according to the report.
  • Denver-based Outrigger owns oil and gas pipeline and processing assets in west Texas' Permian Basin, the Rockies and the Mid-Continent.

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