“The acquisition by Carroll will ensure the continuance of a well-recognized brand and the accelerated growth of the High’s name within our market area,” says High’s spokesperson. High’s of Baltimore Inc. has divested its High’s Dairy Stores to The Carroll Independent Fuel Co. Hanover, Md.-based High’s directly operates 46 retail convenience stores and gas…
Marathon to Divest 166 stores
Marathon Oil Corp. has signed a non-binding Letter of Intent with ACON Investments LLC, NTR Partners LLC and TPG Capital, L.P. to sell most of its Minnesota downstream assets. The assets include the 74,000 barrel per day St. Paul Park refinery and associated terminal, 166 SuperAmerica convenience stores along with the SuperMom’s Bakery (a…
Suncor Energy To Sell Non-Core Rosevear and Pine Creek Assets
Calgary, Alberta-based Suncor Energy has reached an agreement to sell certain natural gas properties for about $235 million (Canadian dollars), with an effective date of Jan. 1, 2010. The current production on these lands is approximately 20.5 mmcf/d of gas and 540 barrels per day of liquids. The sale includes properties known as Rosevear and…