Magellan Midstream and Occidental Petroleum Corporation Proceed with BridgeTex Pipeline to Deliver Crude Oil from the Permian Basin to the Houston Gulf Coast AreaPipeline Construction Agreement • November 21st, 2012 • Magellan Midstream Partners Lp • Pipe lines (no natural gas)
Contract Type FiledNovember 21st, 2012 Company IndustryTulsa, OK and Los Angeles, CA - Magellan Midstream Partners, L.P. (NYSE: MMP) (“Magellan”) and Occidental Petroleum Corporation (NYSE: OXY) announced today that they are proceeding with the construction of the previously announced BridgeTex Pipeline to transport Permian Basin crude oil from Colorado City, Texas to the Houston Gulf Coast area.