Mergers & Acquisitions / Business Development

For information and opportunities, please contact:

Dobrauc_C_ThumbChristian Dobrauc Senior Vice President – Mergers & Acquisitions
Christian.Dobrauc@nglep.com
303-815-1010 x 3691

Blais_G_ThumbGreg Blais Senior Vice President – Business Development
Greg.Blais@nglep.com
303-815-1010 x 3124

Furman_J_ThumbJay Furman Senior Vice President – Commercial Development
Jay.Furman@nglep.com
918-477-0525

 

Recent Developments

Magnum Acquisition NGL Energy Partners has acquired Magnum NGLs, LLC (“Magnum”). Magnum owns and operates a natural gas liquids storage facility with multiple existing salt caverns and a potential capacity of greater than 10 million barrels. The facility is strategically located southwest of Salt Lake City, Utah with rail and truck access to Western U.S. markets. This acquisition will enhance NGL’s existing asset footprint to better support Western U.S customers, while increasing the Partnership’s fee-based revenue stream from current and future contracts on the facility.
Grand Mesa Pipeline The Grand Mesa Pipeline system will include over 550 miles of new crude oil transportation pipeline, multiple truck injection bays, over one million barrels of operational storage, and at least two origination points located near Lucerne and Kersey (Riverside Station) in Weld County, Colorado. The system is in active development and is scheduled to commence service in Q4 2016. Rimrock will construct and operate the pipeline system.