Pawnee Terminal Acquisition Overview Arc Logistics Partners LP (the Partnership) has acquired from United Energy Trading, LLC and Hawkeye Midstream, LLC (collectively, the Sellers) all of the limited liability company interests of UET…
Pawnee Terminal Overview Pawnee Terminal Pawnee Terminal Commercial operations began on May 1, 2015 Current inbound receipt capacity up to 150,000 bbls/d via truck unloading and gathering systems Currently throughputting…
Strategic Rationale Newly constructed crude oil terminal in the Denver-Julesberg Basin Only non-producer owned connection to PXP-NECL Only non-proprietary access point to an interstate pipeline within 75 Long-term miles Take-or-pay…
Execution of Long-Term Strategic Objectives Transaction represents the continued execution of the Partnerships strategic objectives to support its customers long-term commercial needs while creating long-term value for its…
Expansion of Diversified Portfolio of Logistics Assets The Partnership continues to acquire logistics assets that serve as a critical link between supply and local demand locations Location Capacity Products Terminals Baltimore,…
NE Weld County Colorado Overview Overview Pawnee Terminal Location Overview 2015E NE Weld County Colorado production of 158,000 bbls/d expected to grow to 363,000 bbls/d by 2025E Production focuses on a lower gravity crude oil than…
Financing Overview Transaction Structure Sources and Uses of Capital (million) Acquisition of all the limited liability Sources of Capital company interests of UET Midstream ARCX common units 32.3 Adjusted purchase price of Credit…
Questions
Appendix
Non-GAAP Non-GAAPFinancial FinancialMeasures Measures Non-GAAP Financial Measures The Partnership defines Adjusted EBITDA as net income before interest expense, income taxes and depreciation and amortization expense, as further…
Reconciliation to Adjusted Non-GAAP Financial EBITDA Measures 1) The one-time transaction expenses relate to due diligence and transaction expenses incurred in connection with acquisition related activity as described in the…
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