Enterprise agrees to acquire occidental's gas gathering affiliate; enters into natural gas processing agreement; announces new midland basin natural gas processing plant

Houston--(business wire)--enterprise products partners l.p. (nyse: epd) (“enterprise”) today announced that affiliates of enterprise have executed agreements to acquire a natural gas gathering affiliate of occidental and to provide occidental with natural gas gathering and processing services. the agreements include a long-term dedication of approximately 73,000 acres across four counties in the midland basin. enterprise will acquire occidental's affiliate, which owns certain natural gas gather.
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