Azure Midstream Enterprise Overview Azure Midstream Enterprise Overview Azure Midstream Partners, LP The Azure Midstream Enterprise is comprised of Azure In millions, except per unit data, as of 6/30/15 Midstream Partners, LP (NYSE:…
Diversified Midstream Operating Footprint Gas Gathering & Processing in East TX & North LA and Crude Logistics in the San Juan, Powder River and Uinta Basins Azure Midstream Assets Gas Gathering: Legacy Gathering System, Lake…
ETG System Overview Adds Strong Fee-Based Cash Flow ETG System Highlights ETG System Map Azure Midstream Partners, LP to acquire from Azure Holdings in the third quarter of 2015 83.0 million total consideration 1.2 Bcf/d throughput…
ETG Acreage Dedication 4
ETG System Overlays Two Producing Horizons Haynesville Shelby Trough Shelby Trough Wells Completed By Year By Operator The Shelby Trough sub-play is a commercially recognized area where wells are deeper and more expensive than…
ETG System Overlays Two Producing Horizons Bossier Shale Bossier Shale Some operators have drilled Bossier Shale wells in the Shelby Trough sub- play in addition to Haynesville wells Geologically similar to the Haynesville,…
Investment Highlights Azure Sponsorship: Azure is financially incentivized to support the Partnerships growth through Strong Sponsor additional dropdowns Support / Aligned Strong Senior Leadership: Experienced leadership team…
Experienced Senior Leadership and Commercial Team President of Azure Midstream since July 2012 Founded Laser Midstream Company (Laser II), which developed a 1.4 Bcf/d gas gathering system in Northeast Pennsylvania and Southern New…
Azure Midstream Partners, LP Overview
Azure Midstream Partners, LP Overview Growthoriented midstream MLP engaged in natural gas gathering, transportation, compression, dehydration, treating, processing, NGL transportation, and crude oil transloading services Investment…
Azure Midstreams Fee-Based Cash Flows Limit Commodity Exposure Revenues Backed by Feebased Contracts with Minimum Volume Commitments Feebased contracts with annual inflation Segment Gross Margin Pro Forma (1) adjustments and…
Legacy System Asset Overview 658 miles of high and lowpressure gathering lines, serving more than 65,000 dedicated acres with access to seven major downstream markets Asset Summary Legacy System Footprint Located in Harrison, Panola…
Logistics Asset Overview 6 total transloaders with minimum volume commitments of 22,528 Bbls/d across Utah, Wyoming and New Mexico Asset Summary Logistics Footprint AZURs logistics assets contribute 20% of pro forma 2014 EBITDA…
Azure Midstream Has Stable Fee-based Cash Flows Low Direct Commodity Price Exposure Risk Relative to Selected Peers MIDSTREAM ENERGY LLC 1% (1) 9% (1) 26% 91% 74% No direct commodity exposure 99% 99% 50% 50% 50%…
Well Positioned To Capitalize on Expanding LNG and NGL Markets LNG and NGL Demand Creates Substantial Opportunity for Growth Majority of the approved and proposed LNG export facilities in the United States are situated on the Southeast…
Logistics Business Upside in the Uinta Basin Uinta Basin Significant Oil Resource Provides Meaningful Upside for AZURs Wildcat Transloading Facility Due to the high paraffin content in Uinta oil, the crude has traditionally been…
Azure Holdings Drop Down Inventory
Azure Midstream Holdings Overview Gas gathering and processing assets with a book value of 800 million focused on the Haynesville, Cotton Valley and Bossier formations Investment Highlights Current Azure Holdings Footprint…
Holly System Asset Overview 345 miles of high and lowpressure pipeline serving 69,000 dedicated gross acres with throughput of 416 MMcf/d Holly System Summary Holly System Map 416 MMcf/d throughput (June, 2015) 345 miles of…
Shelby System Asset Overview 118 miles of high and lowpressure pipeline serving 34,000 dedicated gross acres with throughput of 89 MMcf/d Shelby System Summary Shelby System Map 89 MMcf/d throughput (June, 2015) 118 miles of…
MLP Financial Overview
AZURs Sustainable and Growing Cash Flow Historical Adjusted EBITDA Historical Distributable Cash Flow Distribution Coverage Ratio In Millions (1) Distribution Coverage Ratio (RHS) Sustainable and growing EBITDA stream…
AZUR Retains Financial Flexibility To Fund Forward Growth Long Term Debt Outstanding debt as of June 30, 2015: 143.0 million IPO in millions 225.7 million pro forma for ETG transaction AZUR currently has lower leverage relative to…
10 Year Historical Commodity Prices Historically, troughs in West Texas Intermediate (WTI) and Henry Hub (HH) prices have not lasted more than 10 15 months 4.5 months (WTI) 5 months (WTI) 8 months 9.5 months (HH) 14 months (HH) 10.5…
Loading...
