The Four Avenues for Growth Progress in the Last 90 Days Capital Avenue 1: Commitment Drop Downs Ohio River Valley: E2 drop down complete 200 MM Avenue 2: West Texas: Ajax Plant & Martin County Expansion 200 MM+ Growing…
Avenue 1: Drop Downs Devon Sponsorship Creates Drop Down Opportunities Devon Sponsorship Provides Potential for 375 MM of Adjusted EBITDA from Drop Downs 2014 2015 2016 2017 E2 Legacy Devon Midstream Assets * Drop Down Cost:…
Avenue 1: Drop Downs E2 Drop Down in Ohio River Valley New Assets Three facilities operating, two under construction When completed, five facilities will have total capacity of 580 MMcf/d and 19,000 Bbl/d Strategic Benefits E2…
Avenue 1: Future Drop Downs Devons Access & Victoria Express Pipelines Access Pipeline Victoria Express Pipeline Three 180 mile pipelines from Sturgeon 56 mile crude oil pipeline from Eagle Ford terminal to Devons thermal acreage…
Avenue 2: Growing With Devon Martin County Expansion in West Texas New Assets Under Construction Ajax: 120 MMcf/d cryogenic processing plant 23-mile, 12 high pressure gathering pipeline AJAX and low pressure gathering systems…
Avenue 3: Organic Growth Projects JV with Marathon to Build NGL Pipeline in South LA New Assets in Development 30-mile, 10 NGL pipeline from EnLinks Riverside fractionator to Marathon Petroleums Garyville refinery Expected to be…
Avenue 3: Organic Growth Projects Ohio River Valley Condensate Pipeline, Stabilization & Compression System Expansion New Assets In Development 45-mile, 8 condensate pipeline with an expected capacity of 50,000 Bbl/d 6 new…
Avenue 4: Mergers & Acquisitions Gulf Coast Natural Gas Assets Closed on 235 million acquisition from Chevron November 1st Creates opportunities to optimize Louisiana assets and convert redundant natural gas pipelines to other…