Barclays CEO Energy-Power Conference Norm Szydlowski September 13, 2013
Non-GAAP Financial Measures SemGroup Adjusted EBITDA is presented in this presentation for certain periods. Adjusted EBITDA is not a U.S. generally accepted accounting principles (GAAP) measure and is not intended to be used in lieu…
SemGroup Ownership Structure 4
Rose Rock Midstream Ownership Structure 5
Business Strategy Capitalize on Organic Generate Consistent Growth Opportunities Operating Margins, with Existing and Earnings and Cash Flows New Assets Grow Our Business Maintain Financial Through Strategic and Flexibility…
Crude and Gas Assets in Key Growth Areas Primary assets located in the Liquids Fairway in the Mid-Continent Region Montney/ Duvernay Shale Montney/Duvernay Bakken Williston Basin Bakken Shale DJ Basin/Niobrara DJ Basin…
SemGroup Corporate Crude Business Overview White Cliffs Pipeline DJ Basin to Cushing, OK 527-mile, 20-inch pipeline 76,000 barrels per day capacity Debottlenecking project - completed June 2013 80,000 barrels per day expansion 2Q…
Rose Rock Midstream Crude Business Overview Cushing 7.25 million barrels of storage 96% under long-term fixed fee contracts with third-party customers and KS/OK Pipeline one affiliated company with first expiration of third-party…
Rose Rock Midstream Crude Business Overview Bakken Shale Bakken Average marketed volumes of 7,100 barrels per day for FY 2012 Operation Two truck unloading facilities 17 gathering trucks Transport via truck, third-party pipeline or…
Natural Gas Business Overview SemCAMS (Canada) Located in: Western Canadian Sedimentary Basin sour gas Montney Shale liquids rich sour gas Duvernay Shale liquids rich sweet gas Two sour and two sweet natural gas processing plants…
SemGroup Acquisition Mississippi Lime Gas Gathering & Processing 200 miles of gathering pipeline currently in service Rose Valley I plant - 200 mmcf/d cryo plant, 1Q 2014 Rose Valley II plant - 200 mmcf/d cryo plant, 1Q 2016 Capital…
Mississippi Lime Footprint 15
2013 Capex Guidance SemGroup and Rose Rock Midstream 2013 Capital Expenditures 850 million YTD Spend(1) - 141 million Crude - RRMS 432 Crude - SEMG 51% 163 SemGas 46 19% 5% 76 SemCAMS 103 30 9% 12% 4% Other Growth…
Future Growth in Drop Downs Rose Rock Midstreams relationship with SemGroup allows for potential future drop downs Adjusted EBITDA (in millions) Asset Description LTM 527-mile crude oil pipeline - 76,000 bpd capacity White Cliffs…
2013 Goals Safety Maintain strong safety and environmental record Deliver on Financial Targets Achieve Adjusted EBITDA and capex guidance Disciplined Investments Execute 2013 capital program Selectively pursue third-party…
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