Colorado oil pipelines drive $5 billion deal

Major pipelines connecting Colorado oil fields to processing hubs in Oklahoma and Texas are at the heart of $5 billion deal that could increase export opportunities for Denver-Julesburg Basin fuels.

Dallas-based Energy Transfer reached a deal this week to purchase Tulsa, Oklahoma-based SemGroup Corp. (NYSE: SEMG), increasing the company’s network of oil and gas pipelines and storage infrastructure.

Energy Transfer (NYSE: ET) set up a stock and cash transaction for SemGroup that’s valued at $17…

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