Targa Resources Partners (NGLS) agrees to purchase Williston Basin crude oil pipeline and...

|About: Targa Resources Partners LP (NGLS)|By:, SA News Editor

Targa Resources Partners (NGLS) agrees to purchase Williston Basin crude oil pipeline and natural gas processing businesses in North Dakota from Saddle Butte Pipeline for $950M. To fund the deal, NGLS plans a public offering of 9.5M common units representing limited partner interests. NGLS -3.9% premarket.