Acquisition of Ozark Gas Transmission and Ozark Gas Gathering April 8, 2009 Spectra Energy Partners April 8, 2009 Acquisition of OGT and OGG
Safe Harbor Statement Some of the statements in this document concerning future company performance will be forward-looking forward looking within the meanings of the securities laws. Actual results may materially differ from those…
Transaction Overview Spectra Energy Partners, LP (SEP) has entered into a definitive agreement to acquire Ozark Gas Transmission (OGT) and Ozark Gas Gathering (OGG) from Atlas Pipeline Partners, L.P. for 300MM Attractive price for a…
Assets to be Acquired 2008 EBITDA of 46 million Ozark Gas Transmission 565-mile FERC-regulated interstate pipeline 500 MMcf/d capacity p y Accesses Fayetteville Shale and Arkoma Basin Delivers gas to markets via Texas Eastern…
Leveraging g g our Core Strengths g 9 Seasoned and experienced management team History of successfully integrating and growing acquired assets 9 Well positioned pipeline and storage assets with a good mix of customers Enhances our…
Questions and Answers Spectra Energy Partners April 8, 2009 Acquisition of OGT and OGG
Appendix Spectra Energy Partners April 8, 2009 Acquisition of OGT and OGG
Combined Business Operations SEP SEP B i Business Metrics M ti C Current t OGT and d OGG P tT Post-Transaction ti Pipeline Miles 2,200 miles 565 miles 2,765 miles Pipeline Capacity 2.75 Bcf/d 500 MMcf/d 3.25 Bcf/d Gathering…
Regulation G Reconciliation Schedule NOARK Pipeline System, Limited Partnership Regulation G Reconciliation (Unaudited) Reconciliation of Non-GAAP EBITDA to GAAP Net Income Year Ended December 31, 2008 (in millions) Net Income…