News Summary

• The transaction includes a 75% interest in the 1,050-mile Pony Express Pipeline, which has capacity of roughly 460,000 barrels per day.
• The deal represents another expansion of Enbridge's u.s. crude infrastructure portfolio following its August agreement to acquire Salt Creek Midstream's crude gathering business.
• The assets give Enbridge stronger connectivity between the Bakken, Powder River Basin and Denver-Julesburg Basin.