07:43 AM EST, 01/02/2025 (MT Newswires) -- Pembina Pipeline ( PBA ) said Thursday that its Pembina Gas Infrastructure unit had completed the acquisition of a 50% working interest in Whitecap Resources' 15-07 Kaybob Complex.

As part of the agreement, Pembina Gas and Whitecap signed long-term take-or-pay contracts at Pembina Gas' nearby K3 facility to support Whitecap's liquids-rich developments.

Shares of Pembina Pipeline ( PBA ) were up 1.3% in recent premarket activity.

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