Rockies Express Pipeline LLC Announces Investor Conference Call
OVERLAND PARK, Kan.--(BUSINESS WIRE)-- Rockies Express Pipeline LLC (REX or the Company) will discuss financial results for the year-ended December 31, 2012 during a conference call on May 10, 2013 at 10:00 am EDT. Audited financial statements and management's discussion and analysis, in addition to call-in details, are available to current bond investors and qualified institutional buyers at https://secure.tallgrassenergylp.com/login.aspx. New users will need to fill out the appropriate "REX Investor Access" or "Certificate of 144A QIB" form located on the left side of the page and email or fax it back to email@example.com or (913) 928-6014.
About Rockies Express Pipeline
Rockies Express Pipeline LLC is a Delaware limited liability company engaged in the ownership and operation of the Rockies Express Pipeline, a recently constructed approximately 1,698-mile natural gas pipeline that extends from Opal, Wyoming and Meeker, Colorado to Clarington, Ohio and is one of the largest natural gas pipelines ever constructed in North America. The system consists of 36-inch and 42-inch diameter pipe with a long-haul design capacity of up to 1.8 billion cubic feet of natural gas per day (Bcf/d), eight receipt-only points, six bi-directional points and 35 delivery interconnections that provide access to markets not directly served by the pipeline. The pipeline also has 14 mainline compressor stations and four booster stations with approximately 427,000 total horsepower. In addition, the Company has 625,000 Mcf/d of capacity on the Overthrust Pipeline available to it pursuant to a long-term lease.
Rockies Express Pipeline LLC is a joint venture among a subsidiary of Tallgrass Development, LP, a subsidiary of Sempra Energy, and a subsidiary of Phillips 66. Tallgrass Development, LP indirectly owns a 50% membership interest and Sempra Energy and Phillips 66 each indirectly own a 25% membership interest. A wholly-owned subsidiary of Tallgrass Development, LP operates the pipeline.
Cautionary Note Concerning Forward-Looking Statements
Some of the information contained in this press release constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although the Company's management believes its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, there can be no assurance that actual results will not differ materially from expectations.
Factors that could cause actual results to differ materially from expectations include, but are not limited to changes in natural gas production, prices and markets, capital markets conditions, interest rates and inflation. The Company therefore cautions you against relying on these forward-looking statements. All forward-looking statements attributable to the Company or persons acting on the Company's behalf are expressly qualified in their entirety by the foregoing cautionary statements. New risks and uncertainties may arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. All such statements speak only as of the date made, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Rockies Express Pipeline LLC
Nate Lien, 913-928-6012
KEYWORDS: United States North America Kansas
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