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Bridger to Transport Crude Oil for OEMI

June 20, 2014

Photo courtesy of Bridger

Bridger, LLC, an integrated crude oil midstream logistics company based in Dallas, Texas, today announced that it has executed an agreement to provide dedicated trucking services for the crude oil marketing business of Occidental Energy Marketing, Inc. (OEMI).  In connection with the transaction, Bridger will acquire all of Occidental Energy Transportation LLC's (OET) tractors and trailers that are currently servicing the Permian Basin, as well as employ OET's trucking operations personnel.

"Through this agreement, Bridger will provide OEMI additional trucking capacity through our state of the art logistics," said Julio E. Rios II, Chief Executive Officer of Bridger.

In connection with the agreement, Bridger has ordered a fleet of new tractors to complement the assets purchased from OET to support sustained growth in the region.

"Our newbuild fleet reflects our strategy of leveraging safety and innovation to optimize our business," said Jeremy H. Gamboa, Chief Operating Officer of Bridger.

bridgergroup.com
 

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