Rangeland Energy Acquisition Overview November 5, 2012
Transaction Summary Inergy Midstream, L.P. (NRGM) has executed a definitive agreement to purchase Rangeland Energy, LLC (Rangeland), the owner and operator of the newly constructed crude oil rail terminal, storage, and pipeline…
Strategic Rationale Newly constructed crude terminalling system in the heart of the Bakken shale: Integrated network of railcar loading, pipeline and storage assets creates a source of liquidity and access to crude oil import dependent…
COLT Terminal Overview Newly constructed crude oil terminal located in Epping, ND Commenced commercial operation in May 2012 120,000 BPD rail loading capacity: Double rail loop capable of loading 120-car unit train in less than 10…
COLT Terminal (Epping, ND) Scope of Facilities 7
Dry Fork Terminal Overview Dry Fork Terminal Overview Facility Design Located at the intersection of four major pipelines at the Beaver Lodge/Ramberg pipeline hub Hess Crude oil metering and pipeline interconnection Enbridge…
Financing Plan NRGM has committed financing in place to fund the acquisition of Rangeland Expected closing date of early December 2012, subject to Hart-Scott-Rodino approval and other customary closing conditions NRGM has developed a…
Committed to Generating Industry-Leading Returns to Our Investors 10