We said we would drop down significant assets to EPB, and we did that just prior to the close by dropping down the remaining 14% of Colorado Interstate and all of the Cheyenne Plains Pipeline. We expect to drop down 100% of Tennessee, TGP, and 50% of El Paso Natural Gas to KMP during this third quarter. And I might add that we really believe that TGP, obviously, has just a unique footprint in the Marcellus and Utica. We expect to complete the FTC mandated sales of certain KMP Rockies pipelines during the third quarter also.It's early in the game. We've only had these assets for a little less than 2 months. But so far, the assimilation is going well. We're seeing real upside possibilities from the assets, and we think we've inherited, most importantly, a great number of really good people. There are some profound effects that this merger has and, just to give you a couple of them, it now makes gas pipelines and storage across all 3 of the entities about 60% of all the earnings before DD&A. So we've become much more of a gas pipeline company, obviously.
Kinder Morgan Management LLC Management Discusses Q2 2012 Results - Earnings Call Transcript
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