Highwood Oil Company Ltd. (TSXV:HOCL) acquired 64.441% stake in Wabasca River Pipeline System on January 15, 2018. Under the terms of agreement, consideration was paid in cash. In a related transaction, Highwood Oil Company also acquired 87.5% working interest in the North Senex pipeline system and combined consideration for Wabasca River and North Senex was $4.39 million. Highwood Oil Company Ltd. (TSXV:HOCL) completed the acquisition of 64.441% stake in Wabasca River Pipeline System on January 15, 2018.