January 11, 2016 - 7:25 AM EST
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Grand Mesa Pipeline, LLC Announces Anticipated Open Season for Second Quarter 2016

Grand Mesa Pipeline, LLC (“Grand Mesa”), a subsidiary of NGL Energy Partners LP (NYSE: NGL), will be conducting an additional open season for its 20-inch pipeline that originates at Lucerne / Riverside, Colorado, and will deliver at least two grades of crude oil from the DJ Basin into NGL’s facilities at Cushing, Oklahoma. Grand Mesa expects the open season to commence in the second calendar quarter of 2016.

Grand Mesa is on target to commence service in the fourth quarter of 2016, and will have a capacity of 150,000 barrels per day. This pipeline will provide critical takeaway capacity for crude oil producers in the Denver-Julesburg Basin. The pipeline not only supports the continued growth and production in the area, but does so in a cost-effective and environmentally responsible way by reducing the current utilization of rail and truck transportation.

About NGL Energy Partners LP

NGL Energy Partners LP is a Delaware limited partnership. NGL owns and operates a vertically integrated energy business with five primary businesses: crude oil logistics, water solutions, liquids, retail propane and refined products and renewables. For further information visit NGL’s website at www.nglenergypartners.com.

Forward-Looking Statements

This press release includes “forward-looking statements.” All statements other than statements of historical facts included or incorporated herein may constitute forward-looking statements. Actual results could vary significantly from those expressed or implied in such statements and are subject to a number of risks and uncertainties. While NGL believes its expectations as reflected in the forward-looking statements are reasonable, NGL can give no assurance that such expectations will prove to be correct. The forward-looking statements involve risks and uncertainties that affect operations, financial performance, and other factors as discussed in filings with the Securities and Exchange Commission. Other factors that could impact any forward-looking statements are those risks described in NGL’s annual report on Form 10-K, quarterly reports on Form 10-Q, and other filings with the Securities and Exchange Commission. You are urged to carefully review and consider the cautionary statements and other disclosures made in those filings, specifically those under the heading “Risk Factors.” NGL undertakes no obligation to publicly update or revise any forward-looking statements except as required by law.

NGL Energy Partners LP
Todd Tanory, 713-496-3909
SVP Asset Management
[email protected]
Derek Graham, 713-496-3904
VP Business Development Crude Assets
[email protected]
Carl Peterson, 832-925-5370
VP Business Development
[email protected]

Source: Business Wire (January 11, 2016 - 7:25 AM EST)

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