Overview of Magnum NGLs Storage Acquisition February 2015
Experienced Overview of Management Team Magnum Acquisition NGLEP has agreed to acquire Magnum NGLs, LLC, from current ownership group which is led by Magnum Development LLC and Haddington Ventures LLC Magnum is a Utah-based provider…
Transaction Investment Highlights Multiple NGL storage caverns with potential of over 10 million barrels of storage capacity provide extensive product storage and segregation capabilities to address existing WMR storage needs Extensive…
Magnums Value to NGL Magnum acquisition provides NGL with a significant fee-based Magnum Regional Overview EBITDA stream at attractive multiples The acquisition of Magnum is a highly complementary transaction for NGL, adding a strong,…
Key Transaction Takeaways Continuous focus on growth through generating contracted fee-based cash flows Extremely strategic acquisition that establishes platform for new West Coast liquids opportunities, including wholesale Natural…
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