Due to continued shipper interest, Tallgrass Energy Partners, LP
(NYSE:TEP) through its subsidiary Tallgrass Pony Express Pipeline, LLC
(Pony Express) today announced a binding open season soliciting
additional commitments on the Pony Express Platteville Extension.
The deadline for submitting bids in this open season is November 29,
2017, which may be extended at the sole discretion of Pony Express.
Inclusive of a recent additional unaffiliated third-party commitment,
total commitments on the Platteville Extension are 32,500 barrels per
day, of which TEP’s affiliate, Stanchion Energy, LLC, holds less than 25
percent.
Pony Express also announced another binding open season soliciting
shipper commitments for crude petroleum transportation service
originating at a new origin point located in Rooks County, Kan. The new
Kansas origin point is expected to be in service in the first quarter of
2018, and Pony Express will provide transportation service from the
Rooks County, Kan., origin to the Ponca City Refinery and Cushing
destinations in Oklahoma. Pony Express expects the open season to
conclude on December 13, 2017.
Interested parties may review the details of the open seasons after
executing a confidentiality agreement that may be obtained by contacting
Kyle Quackenbush, 303.763.3319, or Andrew DiPaolo, 303.763.3329.
About Tallgrass Energy
Tallgrass Energy is a family of companies that includes publicly traded
partnerships Tallgrass Energy Partners, LP (NYSE: TEP) and Tallgrass
Energy GP, LP (NYSE: TEGP), and privately held Tallgrass Development,
LP. Operating across 10 states, Tallgrass is a growth-oriented midstream
energy operator with transportation, storage, terminal, water, gathering
and processing assets that serve some of the nation’s most prolific
crude oil and natural gas basins.
To learn more, please visit our website at www.tallgrassenergy.com.
Cautionary Note Concerning Forward-Looking
Statements
Disclosures in this press release contain forward-looking statements.
All statements, other than statements of historical facts included in
this press release that address activities, events or developments that
management expects, believes or anticipates will or may occur in the
future are forward-looking statements. Without limiting the generality
of the foregoing, forward-looking statements contained in this press
release specifically include Pony Express' ability to complete the
projects discussed in this press release on time, on budget or at all,
and the expected in-service date for the Rooks County, Kan., origin.
Such statements are subject to a number of assumptions, risks and
uncertainties, many of which are beyond the control of TEP, which may
cause actual results to differ materially from those implied or
expressed by the forward-looking statements, and other important factors
that could cause actual results to differ materially from those
projected. Any forward-looking statement applies only as of the date on
which such statement is made and TEP does not intend to correct or
update any forward-looking statement, whether as a result of new
information, future events or otherwise, except as required by law.
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