Canada’s Pembina Pipeline Corp said it would buy the Vantage pipeline system, gaining access to the prolific Bakken shale field in North Dakota. Vantage, a recently constructed pipeline system with a capacity of 40,000 barrels per day, originates in North Dakota and ends at Alberta. Pembina is buying Vantage as well as Mistral Midstream Inc’s interest in the Saskatchewan ethane plant from Riverstone Holdings LLC for $650 million. The plant, which will connect to the Vantage system, is expected to produce about 4,500 barrels of ethane per day. Pembina said the deal was expected to add to cash flow per share in 2016. The company said it would pay $395 million in cash and $255 million in stock. CIBC is the financial adviser to Pembina. Blake, Cassels & Graydon LLP is the company’s Canadian legal adviser and Bracewell & Giuliani LLP the U.S. counsel.