Feb. 14, 2013
/PRNewswire/ -- Bridger Logistics, LLC, through its subsidiary Bridger Transfer Services, LLC ("Bridger"), today announced that it has executed a long-term agreement with Eddystone Rail Company, LLC ("
") to through-put seven unit trains per week—or approximately 80,000 barrels per day (bpd) of crude oil—into barges for delivery to East Coast refineries. Bridger will bring crude oil to the
area from unit trains that will primarily originate out of the Enbridge Rail (
) L.P. unit train loading facility in
, North Dakota.
is a joint venture company owned 75 percent by Enbridge Rail (
) L.L.C., a subsidiary of Enbridge Inc., and 25 percent by Canopy Prospecting, Inc.
Through this agreement, Bridger will expand its market footprint in the East Coast with a new crude oil called "
"We will be serving as Eddystone Rail Company's exclusive Phase I customer," said
, Bridger Chairman and CEO. "Access to premium Brent-based markets in
offers our customers an enhanced portfolio of market options. Our commitment supports the Eddystone rail project, and it is the perfect complement to our long-term rail commitment at Enbridge's
Berthold, North Dakota
rail loading facility."
"By moving barrels through the North Dakota System, to our
rail loading facility and on to our joint venture Eddystone rail terminal on the Delaware River, Enbridge is offering shippers near-term market optionality for Bakken light oil," said
Stephen J. Wuori
, President, Liquids Pipelines, Enbridge Inc. "This rail solution complements our
Light Oil Market Access program, which will enhance pipeline access to high-value markets for increasing light oil production in the Bakken region."
"Bridger's lead in committing resources
to the East Coast market through Eddystone is an important event for the future
cost-effective domestic crude oil to
East Coast refiners," said
, President of Canopy Prospecting Inc.
About Bridger Logistics, LLC
, Bridger Logistics, LLC is a national provider of logistics services to the crude oil industry engaged in the transportation, storage, and terminalling of crude oil through its own pipeline injection stations, pipelines, rail loading and unloading terminals, railcars, and tank trucks. The company currently provides flow assurance to its customers for over 120,000 barrels of crude oil per day through its logistics assets. These services are provided through its subsidiaries, Bridger Transfer Services, LLC,
, LLC, Bridger Midstream, LLC,
, LLC, Bridger Rail Shipping, LLC, and its affiliate Southern Energy Transportation, Inc.
About Enbridge Inc.
Enbridge Inc. is a North American leader in delivering energy and one of the Global 100 Most Sustainable Corporations. As a transporter of energy, Enbridge operates, in
and the U.S., the world's longest crude oil and liquids transportation system. The Company also has a significant and growing involvement in natural gas gathering, transmission and midstream businesses, and an increasing involvement in power transmission. As a distributor of energy, Enbridge owns and operates
's largest natural gas distribution company, and provides distribution services in
New York State
. As a generator of energy, Enbridge has interests in close to 1,000 megawatts of renewable and alternative energy generating capacity and is expanding its interests in wind and solar energy, geothermal and hybrid fuel cells. Enbridge employs more than 10,000 people, primarily in
and the U.S. and is ranked as one of
's Greenest Employers and one of
's Top 100 Employers for 2013. Enbridge is included on the 2012/2013 Dow Jones Sustainability World Index and the Dow Jones Sustainability North America Index and is also a constituent of the 2012/2013 FTSE4Good Index Series. Enbridge's common shares trade on the
stock exchanges under the symbol ENB. For more information, visit
About Canopy Prospecting, Inc.
Canopy Prospecting, Inc. is a privately held
energy company focused on developing and operating niche petroleum midstream and process opportunities in
the United States
SOURCE Bridger Logistics, LLC