Regency Energy Partners D t h Bank Deutsche B kL Leveraged d Fi Finance Conference September p 30,, 2009
B siness O Business Overview er ie & Strateg Strategy
Regency Overview Business Overview Midstream energy partnership engaged in gathering & processing, contract compression and transportation of natural gas and natural gas liquids (NGLs) Operations divided into three primary…
Midstream Overview Regencys midstream operations are primarily located in Texas, Louisiana, Oklahoma and Kansas1 Mid-Continent East Texas Plants2 1 Plants 1 Gathering System 3,470 Length (Miles) Gathering System 371 Length (Miles)…
Contract Compression Overview Core compression operations in Texas, Louisiana and Arkansas HP by Region,2 State Total HP of Units Southwest (TX) 178,973 232 Southeast (LA & TX) 119,277 144 Northwest (TX) 144,592 212 Northeast…
Year-To-Date Highlights Key Accomplishments Year-To-Date for 2009 Delivered financial results in line with management expectations despite a continued Operating decline in rig counts and softness in commodity pricing Performance…
Strategy Regency's long-term goal is to achieve an investment grade rating Capitalize p on strategic g p position and g grow: Location Obtain Scale in Business Segments Product range across all sectors Reliability…
Majority Fee-Based Portfolio Fee-based cash flows represent a growing portion of Regencys Adjusted Segment Margin Only an estimated 2% of Adjusted Segment Margin will be subject to commodity price fluctuations for the remainder of…
Year-to-Date Business Summary Through the first half of the year, Regency has delivered financial results in line with our expectations by diligently managing our diversified portfolio of assets Our businesses continue to perform in…
Industry Update
General Industry Trend Drilling Activity In the past 12 months, the total US land rig count declined by approximately 56% to 932 rigs at the end of the second quarter. The land rig count for the areas in which Regency operates…
General Industry Trend Commodity Prices During the first half of 2009, gas and NGL prices stabilized, and we have begun to see a rebound in WTI crude Gas Price Trends Crude / NGL Price Trends 12.00 140.00 10.00 120.00…
Historical Horsepower Growth vs. US Rig Count Despite a 47% decline in the US onshore gas rig count since June 2008, Regencys revenue generating horsepower has increased by 15% over the same period Revenue Generating Horsepower vs. US…
Haynesville Shale and Joint Venture Update
Overview of Haynesville Expansion Project R Regency, as operator, iis expanding di RIGS significantly i ifi l to capitalize i li on d development l iin the h HHaynesville ill Sh Shale l f Including the recently-announced Red…
Project Overview Project Costs Project costs are currently within the 6531 million budget Expected Cost Project Description ( millions) Pipeline Bienville Loop 25 miles of 36 pipeline3 118 Elm Grove Pipeline 21 miles of 36…
Overview of Red River Lateral R g Regency iis constructing t ti g ththe 47 million illi R Red d Ri River L Lateral, t l a pipeline i li extension t i tto iincrease capacity it on RIGS f The expansion will add approximately…
Overview of Logansport Expansion Regency is constructing the 44 million Logansport Expansion Expansion, an extension of the Nexus Gathering System in North Louisiana f The project will increase overall deliverability of Nexus Gathering…