institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

Tidewater selling Sylvan Lake gas processing facility to Parallax for $5.5M

  • Tidewater Midstream and Infrastructure Ltd. has agreed to sell its Sylvan Lake gas processing facility to Parallax Energy Operating Inc. for $5.5 million.
  • The facility is characterized as a non-core asset located in central Alberta.
  • Tidewater plans to use proceeds from the sale to repay debt, and the sale is not expected to significantly affect its 2025 operating results.
  • The transaction is expected to close in the third quarter of 2025, pending regulatory approvals.
Insights by Ground AI
Does this summary seem wrong?

15 Articles

All
Left
9
Center
2
Right
Winnipeg Free PressWinnipeg Free Press
+14 Reposted by 14 other sources
Center

Tidewater selling Sylvan Lake gas processing facility to Parallax for $5.5M

Breaking News, Sports, Manitoba, Canada

·Winnipeg, Canada
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 82% of the sources lean Left
82% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Winnipeg Free Press broke the news in Winnipeg, Canada on Thursday, July 3, 2025.
Sources are mostly out of (0)

Similar News Topics