EnLink Midstream Extends Open Season for Ohio River Valley Condensate Pipeline System Project
February 27 2015 - 5:00PM
Business Wire
The EnLink Midstream companies, EnLink Midstream Partners, LP
(NYSE:ENLK) (the Partnership) and EnLink Midstream, LLC (NYSE:ENLC)
(the General Partner) (together “EnLink”), today announced an
extension of the binding open season period to solicit volume
commitments for interstate common carrier transportation service on
a new condensate pipeline system (the “ORV Condensate Pipeline”).
The open season, which was scheduled to end February 27, 2015 has
been extended to end on April 15, 2015 at 5:00 p.m. Central
Time.
EnLink has received interest for participation in the ORV
Condensate Pipeline and is extending the open season. As previously
announced, the ORV Condensate Pipeline will transport condensate
from points in Harrison, Belmont, Guernsey, Noble, Monroe, and
Washington Counties, Ohio to Bells Run Station in Washington
County, Ohio, Black Run Station in Muskingum County, Ohio, and, if
Ohio River Valley Pipeline, LLC elects to construct extension(s) of
its system, to one or more connecting facilities in Holmes,
Coshocton, and Harrison County, Ohio. The design capacity of the
ORV Condensate Pipeline will be dependent upon the level of
interest shown by potential committed shippers during the open
season.
A complete description and additional details regarding the ORV
Condensate Pipeline, including a Notice of Open Season, are
available by contacting Scott Walker at 214-721-9468 or
scott.walker@enlink.com.
About the EnLink Midstream Companies
EnLink Midstream is a leading midstream provider formed through
the combination of Crosstex Energy and substantially all of the
U.S. midstream assets of Devon Energy. EnLink Midstream is publicly
traded through two entities: EnLink Midstream, LLC (NYSE: ENLC),
the publicly traded general partner entity, and EnLink Midstream
Partners, LP (NYSE: ENLK), the master limited partnership.
EnLink Midstream’s assets are located in many of North America’s
premier oil and gas regions, including the Barnett Shale, Permian
Basin, Cana-Woodford Shale, Arkoma-Woodford Shale, Eagle Ford
Shale, Haynesville Shale, Gulf Coast region, Utica Shale and
Marcellus Shale. Based in Dallas, Texas, EnLink Midstream’s assets
include approximately 8,800 miles of gathering and transportation
pipelines, 13 processing plants with 3.4 billion cubic feet per day
of processing capacity, seven fractionators with 280,000 barrels
per day of fractionation capacity, as well as barge and rail
terminals, product storage facilities, purchase and marketing
capabilities, brine disposal wells, an extensive crude oil trucking
fleet and equity investments in certain private midstream
companies.
Additional information about the EnLink Midstream companies can
be found at www.EnLink.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the federal securities laws. These statements are
based on certain assumptions made by EnLink Midstream Partners, LP,
EnLink Midstream, LLC, and Ohio River Valley Pipeline, LLC
(collectively, “EnLink Midstream Companies”) based upon
management's experience and perception of historical trends,
current conditions, expected future developments and other factors
the EnLink Midstream Companies believe are appropriate in the
circumstances. These statements include, but are not limited to,
statements with respect to forecasts regarding capacity, the
location of the pipeline, the receipt points and destination points
of the pipeline and timing for the project discussed above. Such
statements are subject to a number of assumptions, risks and
uncertainties, many of which are beyond the control of the EnLink
Midstream Companies, which may cause the EnLink Midstream
Companies’ actual results to differ materially from those implied
or expressed by the forward-looking statements. These risks
include, but are not limited to, risks discussed in the EnLink
Midstream Companies’ filings with the Securities and Exchange
Commission. The EnLink Midstream Companies have no obligation to
publicly update or revise any forward-looking statement, whether as
a result of new information, future events or otherwise.
EnLink MidstreamJill McMillan, 214-721-9271Vice
President of Communications and Investor
RelationsJill.McMillan@enlink.com
EnLink Midstream Partners, LP (NYSE:ENLK)
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