DALLAS, Aug. 6, 2018 /PRNewswire/ -- The EnLink
Midstream companies (EnLink), EnLink Midstream Partners, LP (NYSE:
ENLK) (the Partnership or ENLK) and EnLink Midstream, LLC (NYSE:
ENLC) (the General Partner or ENLC), today announced that a
subsidiary of the Partnership will launch a binding open season for
volume commitments for common carrier transportation service on its
recently announced Avenger Crude Oil Gathering System (Avenger) in
the Northern Delaware Basin.
Avenger will include origin points in Lea and Eddy
counties in New Mexico and
destination points in Eddy County, New
Mexico, and Loving County,
Texas. The design capacity of Avenger will be determined
based upon the level of interest shown by potential committed
shippers during the open season.
The open season begins August 6,
2018, at 8 a.m. Central time
and will close September 5, 2018, at
5 p.m. Central time. A complete
description and additional details regarding the Avenger open
season will be available today at www.EnLink.com/avengeropenseason
or by contacting Keith Taylor,
Director of Commercial, at 713-739-3241 or
keith.taylor@enlink.com.
"EnLink is leveraging and growing our existing Delaware Basin assets to provide midstream
services across the natural gas and crude oil commodities," said
Michael J. Garberding, EnLink
President and Chief Executive Officer. "Producers are realizing
excellent well results in this area, and our new Avenger system
will provide the midstream assets they need to transport crude oil
volumes to major market hubs."
Avenger is expected to be fully operational during the first
quarter of 2019.
About the EnLink Midstream Companies
EnLink provides
integrated midstream services across natural gas, crude oil,
condensate, and NGL commodities. EnLink operates in several
top U.S. basins and is strategically focused on the core growth
areas of the Permian's Midland and Delaware basins, Oklahoma's Midcontinent, and Louisiana's Gulf Coast. Headquartered in
Dallas, EnLink is publicly traded
through EnLink Midstream, LLC (NYSE: ENLC), the General Partner,
and EnLink Midstream Partners, LP (NYSE: ENLK), the Master Limited
Partnership. Visit www.EnLink.com for more information on how
EnLink connects energy to life.
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 the Partnership and the General Partner based
upon management's experience and perception of historical trends,
current conditions, expected future developments and other factors
the Partnership and the General Partner believe are appropriate in
the circumstances. These statements include, but are not limited
to, statements with respect to the project's open season, the
project's characteristics, the project's connections, the project's
customers and their level of interest, the project's ability to
provide the necessary midstream assets for customers, as well as
forecasts regarding capacity and timing for becoming operational
for the project discussed above, and the Partnership's future
growth and results of operations. Such statements are subject to a
number of assumptions, risks and uncertainties, many of which are
beyond the control of the Partnership and the General Partner,
which may cause the Partnership's and the General Partner's 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 Partnership's and the General
Partner's filings with the Securities and Exchange Commission. The
Partnership and the General Partner have no obligation to publicly
update or revise any forward-looking statement, whether as a result
of new information, future events or otherwise.
Investor Relations: Kate
Walsh, Vice President of Investor Relations, 214-721-9696,
kate.walsh@enlink.com
Media Relations: Jill
McMillan, Vice President of Public & Industry Affairs,
214-721-9271, jill.mcmillan@enlink.com
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SOURCE EnLink Midstream