Skip to main contentAcquisition of Alpha Crude Connector & Related PAA Updates – Plains All American Pipeline, L.P. Investor Presentation | Shale Experts
Acquisition of Alpha Crude Connector & Related PAA Updates January 24, 2017 www.plainsallamerican.com NYSE: PAA & PAGP 1
Transaction Summary Acquisition provides step-change growth opportunity and extends the reach of existing PAA system in key growth area of Delaware Basin, will be funded with equity and asset sales and will accelerate deleveraging…
ACC Asset Overview Located in the core of the Northern ACC/PAA System Map Delaware Basin Underpinned by long-term dedications (300k+ dedicated acres with significant EPD undedicated acreage positions available) Significant Concho…
Northern Delaware Basin Resource Potential Area Ranks Among The Best Of The Best Prolific Northern Delaware Basin upstream resource includes targets in the Avalon, Bone Spring and Wolfcamp 3,500+ stacked pay column encompassing 10+…
Strategic Fit & Rationale Expands and Complements PAAs Existing Northern Delaware Basin Gathering Footprint With Concho as Anchor Producer PAAs ownership provides enhanced market access and improved flow assurance for producers…
Updated Permian Basin Outlook PAA has updated its Permian Basin production forecast Current Permian Estimates to reflect current and indicated rig activity and well 2016 exit: 2.1 mmb/d 2017 exit (est.): 2.5 mmb/d economics 2019 exit…
Transaction And 2017 Expansion Capital Program Funding Plan ACC acquisition and PAA 2017 expansion capital program funding plan: Proceeds from asset sales expected to close during 1H17 Additional common equity issuance Retained cash…
Key Takeaways Acquisition provides step-change growth opportunity and extends reach of PAAs system in key growth area of Delaware Basin multiple ways for PAA to drive potential upside Underpinned by long-term acreage dedications…
Conference Call Timing Wednesday, January 25, 2017 at 8:00 a.m. ET (7:00 a.m. CT) Webcast Access Instructions www.plainsallamerican.com (Navigate to: Investor Relations/ either PAA or PAGP/ News & Events/ Conference Calls)…