Plains All American Pipeline, L.P. (NYSE: PAA) is constructing a 55-mile extension of its previously announced Mississippian Lime pipeline to service growing production in the Mississippian Lime resource play of western Oklahoma and southwest Kansas. The Mississippian Lime pipeline extension, which is expected to be brought into service in the fourth quarter of 2013, will provide up to 75,000 barrels per day of crude oil throughput capacity from Coldwater in Comanche County, Kansas to Byron in Alfalfa County, Okla. From Byron, crude oil will flow on PAA’s Mississippian Lime pipeline to its terminal in Cushing, Okla. The pipeline extension is supported by a long-term commitment from an area producer. For additional commercial information on the Mississippian Lime pipeline or this extension, please contact:
|Laura Williams||Steve Misner|
|Dir. – Pipeline Commercial Operations||Mgr. – Pipeline Business Development|
Forward Looking StatementsCertain matters discussed in this release are forward-looking statements that involve risks and uncertainties that could cause actual results or outcomes to differ materially from results or outcomes anticipated in the forward-looking statements. These risks and uncertainties include, among other things, shortages, cost increases or delays in receipt of supplies, materials or labor; inability to obtain, delays in the receipt of, or other issues associated with necessary licenses, permits, approvals, consents, rights of way or other governmental or third party requirements; the impact of current and future laws, rulings, orders, governmental regulations, accounting standards and statements and related interpretations; weather interference with business operations or project construction; environmental liabilities, issues or events that result in construction delays or otherwise impact targeted in-service dates; interruptions in service on third-party pipelines or facilities; general economic, market or business conditions and the amplification of other risks caused by volatile financial markets, capital constraints and pervasive liquidity concerns; and other factors and uncertainties inherent in the transportation, storage, terminalling and marketing of crude oil and refined products as discussed in the Partnership’s filings with the Securities and Exchange Commission.