ENTERPRISE PRODUCTS PARTNERS L.P. EPD ACQUIRES GP & LP INTERESTS IN OILT; PROPOSES MERGER October 1, 2014 ALL RIGHTS RESERVED. ENTERPRISE PRODUCTS PARTNERS L.P. enterpriseproducts.com
TRANSACTION SUMMARY STEP 1 Enterprise Products Partners L.P. (NYSE: EPD, EPD or Enterprise) announced today that it has acquired 100% of the general partner and related incentive distribution rights of Oiltanking Partners, L.P.…
OILT STANDALONE ORGANIZATIONAL CHART Oiltanking GmbH 100.0% Interest Oiltanking 100.0% Interest Holding Americas Inc. OTA 66.0% L.P. Interest OTLP GP, LLC 15.9mm Common Units 38.9mm Subordinated Units Public (the…
TRANSACTION SUMMARY STEP 2 EPD also announced today its intention to acquire the remaining publiclyheld limited partner interests in OILT through a non taxable exchange of EPD units at a fixed exchange rate of 1.23 EPD common…
EPD / OTI COMBINATION BUILDS ON SUCCESSFUL RELATIONSHIP SPANNING 33 YRS. 1968 Privatelyheld Enterprise Products Company (EPCO) 2004 OTI and EPD execute a new 15year LPG formed in 1968 import/export terminal services agreement 1972…
TRANSACTION RATIONALE Extends and broadens EPDs midstream energy services business through the addition of OILTs marine docks and crude oil and petroleum products storage facilities Combines EPDs supply, fractionation, storage and…
TRANSACTION RATIONALE (continued) Principle drivers of value creation At least 30 million of synergies and cost savings from the complete integration of OILTs business into Enterprises system as well as public company cost savings…
EPD & SEAWAYS GULF COAST CRUDE SYSTEM Access to 8 MMBPD Refining and Water From Cushing Galena Park Sealy Baytown XOM VLO H.R. PRSI Shell Beaumont Katy 24 Rancho Bertron 24 Motiva VLO TOT XOM Speed Junction Genoa ECHO…
OILTS COMPLEMENTARY GULF COAST POSITION HOUSTON ALL RIGHTS RESERVED. ENTERPRISE PRODUCTS PARTNERS L.P. 13
OILTS COMPLEMENTARY GULF COAST POSITION BEAUMONT ALL RIGHTS RESERVED. ENTERPRISE PRODUCTS PARTNERS L.P. 14
STEP 2 BENEFIT TO OILT PUBLIC UNITHOLDERS Permits OILT unitholders to participate in the future growth of Participation in EPDs EPDs businesses, EPDs substantial backlog of capital projects Future Growth and larger, more…
MID AMERICA AND SEMINOLE PIPELINE SUBSEQUENT EXPANSION PROJECTS Expand Jonah Gathering Pioneer Gas Processing Meeker I Meeker II Processing Piceance Gathering Multiple MAPL Expansions Hobbs…
ENTERPRISE MONT BELVIEU: THE WORLDS LARGEST NGL COMPLEX Room to Grow ALL RIGHTS RESERVED. ENTERPRISE PRODUCTS PARTNERS L.P. 18
EAGLE FORD INVESTMENTS 4 BILLION WITH GULFTERRA ASSETS AS FOUNDATION ALL RIGHTS RESERVED. ENTERPRISE PRODUCTS PARTNERS L.P. 19
INCREASED SUPPLIES ARE DRIVING CRUDE OIL PIPELINE PROJECTS TO U.S. GULF COAST 7000 6000 Other ETCEastern Gulf Crude 5000 Eaglebine Area BridgeTex Pipeline Capacity, MBPD 4000 Keystone Gulf Coast HoHo Reversal &…
OILT: LEADING GULF COAST PETROLEUM PRODUCTS AND LPG EXPORT FACILITIES ALL RIGHTS RESERVED. ENTERPRISE PRODUCTS PARTNERS L.P. 21
QUESTIONS and ANSWERS ALL RIGHTS RESERVED. ENTERPRISE PRODUCTS PARTNERS L.P. enterpriseproducts.com