This D-J Basin acreage project represents Teton's second acquisition in the Rocky Mountain region.
The pipelines will be 30 and 36 inches in diameter in different sections, approximately 160 miles long.
Stock and cash transaction is valued at approximately $18 billion, including net debt.
J. Blair Goertzen is the new President and Chief Operating Officer of the Company.
Receiving terminal was constructed and operational in less than 15 months after project approval.
Atlas America Inc. is an energy company engaged primarily in the development, production and transportation of natural gas in the Appalachian Basin.
ODL will operate within Wood Group's Engineering & Production Facilities division.
$12 million investment will help the company establish a new facility.