The Sierra Pipeline Gathering System was previously owned by the Koch Corporation. Currently, the Sierra Pipeline Gathering System has approximately 2076 miles of pipeline and pipeline gathering systems located primarily in the state of Oklahoma and adjoining states of Kansas and Indiana.
The pipeline which was originally created to transport oil currently has over 28,000 wells within close proximity for utilization, production and transportation. The pipelines also have the capability to develop, gather and transport natural gas, as well as, additional opportunities. EGPI Firecreek plans to analyze, explore and exploit all potential revenue streams for the pipeline.
Dennis Alexander, chairman and CEO of EGPI Firecreek, said: “This definitive agreement with the Sierra Pipeline is a major breakthrough in our efforts to initiate the revamping of our Oil and Gas division. We believe this milestone will set a significant precedent in once again establishing our company as a productive and producing oil & gas company.”
