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Summit Midstream Partners, LP Announces Sale of its Bison Gas Gathering System in North Dakota

PR Newswire - Mon Sep 19, 2022

HOUSTON, Sept. 19, 2022 /PRNewswire/ -- Summit Midstream Partners, LP ( NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today that its wholly owned subsidiary, Summit Midstream Holdings, LLC ("SMP Holdings"), signed and closed on the sale of Bison Midstream, LLC ("Bison Midstream"), its gas gathering system in Burke and Mountrail Counties, North Dakota to Steel Reef Infrastructure Corp. ("Steel Reef" or the "Company" through its wholly owned subsidiary Steel Reef US Corp.), an integrated owner and operator of associated gas capture, gathering and processing assets in North Dakota and Saskatchewan, for cash consideration of $40 million, subject to customary transaction adjustments. 

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