Williams Partner Acquires 49% Ownership In Overland Pass Pipeline Co.

ONEOK Partners L.P. has completed a transaction to sell 49% of its ownership of Overland Pass Pipeline Co. LLC to Williams Partners L.P. for $424 million. ONEOK Partners and Williams Partners each now owns 50% Of Overland Pass Pipeline Company LLC. Previously, ONEOK Partners owned 99% of the joint venture and Williams Partners owned the remaining 1%.