( TSX: TWM)
CALGARY, AB, Sept. 25, 2025/ CNW/ – Tidewater Midstream and Facilities Ltd. (” Tidewater” or the “Corporation”) (TSX: TWM) is happy to reveal the effective closing of the formerly revealed deal to obtain, through an entirely owned restricted collaboration, the North Section of the Western Pipeline System (the “Western Pipeline”) from Pembina Pipeline Corporation and particular of its affiliates (the “Deal”).
The Western Pipeline is a crucial facilities possession to Tidewater, linking the Prince George Refinery (” PGR”) to unrefined supply in Northeastern British Columbia Combination of the Western Pipeline within Tidewater’s downstream operations and capital program is anticipated to provide significant functional effectiveness, improving Tidewater’s capability to enhance its feedstock procurement and expense structure at the PGR.
ABOUT TIDEWATER MIDSTREAM AND FACILITIES LTD.
Tidewater is traded on the TSX under the sign “TWM”. Tidewater’s organization goal is to successfully grow and produce investor worth in the North American gas, gas liquids, petroleum, improved item, and renewable resource worth chain. Its operations consist of downstream centers, gas processing centers, gas liquids facilities, pipelines, storage, and different eco-friendly efforts. To match its facilities possession base, the Corporation likewise markets crude, improved item, gas, gas liquids and eco-friendly product or services to consumers throughout The United States And Canada Tidewater is a bulk investor of Tidewater Renewables Ltd. Extra info associating with Tidewater is offered on SEDAR+ at www.sedarplus.ca and at https://www.tidewatermidstream.com.
CARE REGARDING FORWARD-LOOKING STATEMENTS
This press release includes positive declarations. Using any of the words “prepare for”, “continue”, “price quote”, “anticipate”, “might”, “will”, “mean”, “job”, “need to”, “think” and comparable expressions are meant to determine positive declarations. These declarations include understood and unidentified dangers, unpredictabilities and other aspects that might trigger real outcomes or occasions to vary materially from those prepared for in such positive declarations. In specific, this press release includes positive declarations relating to the functional effectiveness to be yielded from the Deal.
Although the positive declarations consisted of in this press release are based upon presumptions which management of the Corporation thinks to be affordable, the Corporation can not guarantee financiers that real outcomes will follow these positive declarations. Any positive declarations consisted of in this press release represent expectations since the date of this press release and go through alter after such date. Nevertheless, the Corporation is under no commitment (and the Corporation specifically disclaims any such commitment) to upgrade or modify any declarations consisting of positive info, the aspects or presumptions underlying them, whether as an outcome of brand-new info, future occasions or otherwise, other than as needed by law. With regard to the positive declarations consisted of in this press release, the Corporation has actually made presumptions relating to the impact of the Deal on the Corporation’s organization and its capital.
Positive declarations are supplied herein for the function of offering info about the Deal. Readers are warned that such info might not be proper for other functions. In addition, the Corporation goes through a variety of dangers and unpredictabilities, a lot of which are beyond the Corporation’s control. Such dangers and unpredictabilities consist of the aspects talked about under “Danger Aspects” in the Corporation’s yearly info kind for the year ended December 31, 2024 and the most current management’s conversation and analysis.
All the positive declarations in this press release are certified by the cautionary declarations herein. More info about aspects impacting positive declarations and management’s presumptions and analysis thereof is offered in filings made by the Corporation with Canadian securities commissions offered on SEDAR+ at www.sedarplus.ca.
SOURCE Tidewater Midstream and Facilities Ltd.