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PTXP Penntex Midstream Partners, LP Representing Limited Partnership Interests

20.00
0.00 (0.00%)
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Last Updated: 00:00:00
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Share Name Share Symbol Market Type
Penntex Midstream Partners, LP Representing Limited Partnership Interests NASDAQ:PTXP NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 20.00 19.99 20.00 0 00:00:00

Energy Transfer Announces That the Trans-Pecos Pipeline, Comanche Trail Pipeline, and the WAHA Header Are in Service

03/05/2017 9:40pm

Business Wire


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Both Pipelines Deliver Natural Gas to the Texas-Mexico Border as Part of Long-Term Agreements with Mexico’s Federal Electricity Commission

Energy Transfer Partners, L.P. (NYSE: ETP) announced today that two natural gas pipelines in West Texas, the Trans-Pecos Pipeline and the Comanche Trail Pipeline, and the Trans-Pecos Pipeline WAHA Header (WAHA Header) are in service. Both pipelines and the WAHA Header are owned by affiliates of ETP, Carso Energy Corp. and MasTec, Inc. as part of long-term agreements with the Comisión Federal de Electricidad, Mexico’s federal electricity commission, to transport natural gas from the Waha Hub in Pecos County, Texas to the Texas-Mexico border.

The Comanche Trail Pipeline and the WAHA Header went into service as scheduled on January 30, 2017. The 42-inch intrastate pipeline traverses 195 miles through Pecos, Reeves, Culberson, Hudspeth, and El Paso counties to the Texas-Mexico border in San Elizario, Texas, just south of El Paso, Texas. The Comanche Trail Pipeline is designed to transport 1.1 billion cubic feet per day of natural gas and presently includes seven delivery taps along its route for local economic development opportunities. The WAHA Header, located near the Waha Hub, is designed to accommodate 6 billion cubic feet per day of natural gas and connects to more than 10 different natural gas pipelines.

The Trans-Pecos Pipeline went into service as scheduled on March 31, 2017. The 148-mile, 42-inch intrastate pipeline traverses Pecos, Brewster and Presidio counties and terminates at the Texas border near Presidio, Texas. The Trans-Pecos Pipeline is designed to transport 1.4 billion cubic feet per day of natural gas and presently includes six local delivery taps along its route.

Additionally, the Trans-Pecos Pipeline entered into a cooperative effort to help West Texas Gas and the City of Presidio offset construction costs of a new pipeline that will connect to the Trans-Pecos Pipeline and deliver natural gas to the newly established Presidio Industrial Park. The new lateral pipeline is expected to be in service by June 2017.

Energy Transfer Partners, L.P. (NYSE: ETP) is a master limited partnership that owns and operates one of the largest and most diversified portfolios of energy assets in the United States. Strategically positioned in all of the major U.S. production basins, ETP owns and operates a geographically diverse portfolio of complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and terminalling assets; NGL fractionation; and various acquisition and marketing assets. ETP’s general partner is owned by Energy Transfer Equity, L.P. (NYSE: ETE). For more information, visit the Energy Transfer Partners, L.P. website at www.energytransfer.com.

Forward-Looking Statements

This press release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. An extensive list of factors that can affect future results are discussed in the Partnership’s Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.

The information contained in this press release is available on our website at www.energytransfer.com.

Investor Relations:Energy TransferHelen Ryoo, 214-981-0795orLyndsay Hannah, 214-981-0795orBrent Ratliff, 214-981-0795orMedia Relations:Lisa Dillinger, 214-981-0762

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