The document discusses the Greater Chickadee Crude Oil Gathering Project, which will involve building approximately 150 miles of pipelines and central tank batteries in the Permian Basin to gather and deliver crude oil from dedicated acreage. The project represents an expansion of the company's integrated crude oil platform in one of the top oil and gas producing regions. It is expected to begin partial service in late 2016 and full service in early 2017, supported by long-term agreements with major Permian producers for over 35,000 dedicated acres currently producing more than 10,000 barrels per day.
2. Forward-Looking Statements
This presentation contains forward-looking statements within the meaning of the federal
securities laws. These statements are based on certain assumptions made by EnLink
Midstream Partners, LP (the Partnership) and EnLink Midstream, LLC (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 expected financial
results, the project’s characteristics, the project’s connections, the project’s customers as
well as forecasts regarding capacity, investment and timing for becoming operational for
the project discussed above, as well as 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.
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3. Greater Chickadee Crude Oil Gathering System
Executing in our core growth areas
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Represents next step in development of integrated crude oil platform in one of the best oil and gas plays
Located in production-rich
zones of Permian Basin
~150 miles of high- and low-
pressure pipeline to key hub
centers
Multiple central tank batteries
and pump, truck injection, and
storage stations to maximize
shipping and delivery options
Speed-to-Market
Ability to leverage LPC
footprint (truck and pipeline
volumes) to commence partial
service in second half of 2016
Full service expected early 2017
Strong Contract Structure
Long-term, fee-based
agreements with top Permian
producers
Project supported by ~35,000
dedicated acres
Current production from
dedicated acreage is over
10,000 bpd