SemCAMS Announces Startup of New Pipeline

CALGARY, Alberta, June 29, 2015 (GLOBE NEWSWIRE) — SemCAMS, a subsidiary of SemGroup® Corporation (NYSE:SEMG), today announced the startup of a new, sour gas gathering line servicing the Wapiti area. The pipeline was officially placed into service on Saturday, June 27, 2015. As previously announced in May 2014, the project is supported by a 10-year term transportation service agreement with NuVista Energy Inc.

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Pending home sales rise 0.9% in May, highest level since 2006

A sharp jump in interest rates may have deterred some home buyers in May. Signed contracts to buy existing homes, so-called pending home sales, rose just 0.9 percent in May from April, according to the National Association of Realtors, after a downward revision to April’s reading. That is slightly lower than analysts predicted, but is still the highest level on the association’s index since April of 2006. Pending sales are now 10.4 percent higher than one year ago.

Read more: http://www.cnbc.com/id/102795245