NYSE INVESTMENT HIGHLIGHTS QEPM Affiliation with QEP Field Services Stable and Predictable Cash Flows Strategically Located Asset Base Experienced Management and Operating Teams PARTNERSHIP PRESENTATION Financial…
NYSE OVERVIEW QEPM Transaction Overview Units outstanding (MM) 54.5 Units sold to public (MM) (includes over-allotment) 23.0 Unit price at IPO (Pre-IPO range 19-21) 21 First day of trading August 9th Net cash proceeds to QEPM…
NYSE STRATEGY QEPM Growth Significant drop-down potential from QEP Field Services Pursue third-party acquisition opportunities in existing and new areas Increase throughput by capturing third-party volumes and increased…
NYSE ASSET OVERVIEW QEPM Over 2.6 Bcf/d and 54 MBbls/d throughput capacity Access to three prolific oil and natural gas basins in the Rockies Interconnects to six interstate natural gas pipelines providing access to multiple…
NYSE GREEN RIVER GATHERING QEPM Pinedale System Green River Gathering System gathers production in the Pinedale and Moxa Arch fields in Wyoming Pinedale System Approximately 220 miles of natural gas, crude oil and…
NYSE RENDEZVOUS GAS SERVICES QEPM Rendezvous Gas Services is a joint venture between QEPM and Western Gas QEPM operates and owns 78% Transports gas from the Pinedale and Jonah fields to processing facilities owned by QEP or…
NYSE RENDEZVOUS PIPELINE COMPANY QEPM 21-mile, FERC-regulated transmission pipeline that transports natural gas from QEPs Blacks Fork processing complex to the Kern River Pipeline FERC-regulated, but utilizes market- based rates…
NYSE VERMILLION GATHERING QEPM Gas gathering systems and compression assets located in southern Wyoming, northwest Colorado and northeast Utah Approximately 518 miles of low- pressure, gas gathering pipelines Approximately 206…
NYSE THREE RIVERS GATHERING QEPM Three Rivers Gathering is a 50/50 joint venture between QEPM and Ute Energy Midstream Holdings, LLC Approximately 52 miles of Three Rivers gathering pipeline and 4,735 bhp Gathering of gas…
NYSE WILLISTON BASIN GATHERING QEPM Crude oil and natural gas gathering system located in McLean County, North Dakota Approximately 30 miles of crude oil and gas gathering pipelines, with 239 bhp of gas compression Williston…
QEP Field Services Overview
NYSE POTENTIAL DROP-DOWNS NORTHERN TIER QEPM Green River Basin QEP Field Services Blacks Fork Processing Blacks Fork Remaining Revenue 505 MMcf/d cryogenic Processing Based on LTM ending March 31, 2013, less QEPM 330 MMcf/d J-T…
NYSE WHY INVEST IN QEPM QEPM Affiliation with QEP Field Services Substantial drop-down potential Stable and Predictable Cash Flows Primarily long-term, fee-based contracts Strategically Located Asset Base PARTNERSHIP…
NYSE PARTNERSHIP INFORMATION QEPM Analyst Contacts Richard J. Doleshek, Executive Vice President and CFO 303-640-4242 Richard.Doleshekqepres.com Greg Bensen, Director, Investor Relations 303-405-6665 Greg.Bensenqepres.com…