Genesis Energy, L.P. has launched a binding open season to secure long-term commitments to support a new gathering system to connect crude oil production to its existing Powder River basin pipeline. The Powder River Basin Pipeline, which is wholly owned and operated by subsidiaries of Genesis, provides producers in Wyoming’s emerging Powder River basin access to multiple attractive markets, including additional downstream markets at Guernsey, Wyoming, regional refineries and/or west, east and gulf coast markets via the Pronghorn Rail loading terminal directly connected to both the Union Pacific and BNSF railroads.
The open season commenced November 27, 2017 at 8:00 a.m. CST and will end on December 22, 2017 at 5:00 p.m. CST. Existing shippers with effective acreage dedication transportation services agreements (“TSA”) with Powder River Crude Services, LLC and Powder River Express, LLC will have the option to participate in the open season for the purpose of amending their existing TSAs to add additional acreage to be dedicated to the Gathering System. To be eligible for this option, shippers must extend the primary term of the existing Powder River Basin Pipeline TSAs commensurate with the term of the Gathering Agreement. For additional information related to the open season, please visit http://www.genesisenergy.com/wyoming-open-season or contact Dwayne Morley, Senior Director – Business Development, by phone at (713) 860-2536 or by e-mail at email@example.com.