Plains All American Pipeline, L.P. (NYSE: PAA)
is constructing a 55-mile extension of its previously announced
Mississippian Lime pipeline to service growing production in the
Mississippian Lime resource play of western Oklahoma and southwest
Kansas.
The Mississippian Lime pipeline extension, which is expected to be
brought into service in the fourth quarter of 2013, will provide up to
75,000 barrels per day of crude oil throughput capacity from Coldwater
in Comanche County, Kansas to Byron in Alfalfa County, Okla. From Byron,
crude oil will flow on PAA's Mississippian Lime pipeline to its terminal
in Cushing, Okla. The pipeline extension is supported by a long-term
commitment from an area producer.
For additional commercial information on the Mississippian Lime pipeline
or this extension, please contact:
Laura Williams
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Steve Misner
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Dir. – Pipeline Commercial Operations
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Mgr. – Pipeline Business Development
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713-646-4245
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405-936-6710
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Plains All American Pipeline, L.P. is a publicly traded master limited
partnership engaged in the transportation, storage, terminalling and
marketing of crude oil and refined products, as well as in the
processing, transportation, fractionation, storage and marketing of
natural gas liquids. Through its general partner interest and majority
equity ownership position in PAA Natural Gas Storage, L.P. (NYSE:PNG),
PAA owns and operates natural gas storage facilities. PAA is
headquartered in Houston, Texas.
Forward Looking Statements
Certain matters discussed in this release are forward-looking statements
that involve risks and uncertainties that could cause actual results or
outcomes to differ materially from results or outcomes anticipated in
the forward-looking statements. These risks and uncertainties include,
among other things, shortages, cost increases or delays in receipt of
supplies, materials or labor; inability to obtain, delays in the receipt
of, or other issues associated with necessary licenses, permits,
approvals, consents, rights of way or other governmental or third party
requirements; the impact of current and future laws, rulings, orders,
governmental regulations, accounting standards and statements and
related interpretations; weather interference with business operations
or project construction; environmental liabilities, issues or events
that result in construction delays or otherwise impact targeted
in-service dates; interruptions in service on third-party pipelines or
facilities; general economic, market or business conditions and the
amplification of other risks caused by volatile financial markets,
capital constraints and pervasive liquidity concerns; and other factors
and uncertainties inherent in the transportation, storage, terminalling
and marketing of crude oil and refined products as discussed in the
Partnership's filings with the Securities and Exchange Commission.
Plains All American Pipeline, L.P.
Investors:
Roy I.
Lamoreaux, 713-646-4222 – 800-564-3036
Director, Investor Relations
Media:
Brad
Leone, 713-646-4196 - 800-564-3036
Manager, Communications