Ergon-Texas Pipeline, Inc. Acquires the Thompsons Pipeline System from Blueknight
Thu., Jan 2, 2014
Jackson, MS – Ergon-Texas Pipeline, Inc. (ETPI), today announced the acquisition of the Thompsons pipeline and associated assets from Blueknight Energy Partners, LP.
The 42-mile pipeline originates in Thompsons, Texas, and terminates in Webster, Texas. Terms of the agreement were not disclosed.
Larry Hartness, Senior Vice President of Ergon Oil Purchasing, Inc. said, “We are always looking for ways to secure quality, domestic crude for our refining operations. The Thompsons Pipeline System is a vital part of our continuing operations and further establishes our commitment to investing in this region of Texas.”
About Ergon-Texas Pipeline, Inc.
Ergon-Texas Pipeline, Inc. is a wholly owned subsidiary of Ergon Terminaling, Inc. and serves as a crude oil pipeline operator.
About Ergon, Inc.
Ergon, Inc. is a privately held company that operates under six primary business segments: Refining & Marketing, Asphalt & Emulsions, Transportation & Terminaling, Oil & Gas, Real Estate, and Corporate & Other.
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