Velocity Midstream Partners

Formed in November 2008, Velocity Midstream Partners (“Velocity”) was created to acquire, build and develop midstream assets with organic growth opportunities across the U.S. In July 2009, Velocity acquired certain East Texas natural gas gathering assets from Berry Petroleum Company and subsequently sold those assets in November 2010. In July 2010, Velocity secured a condensate gathering and transportation agreement with Rosetta Resources, a subsidiary of Noble Energy (NYSE: NBL) in the Eagle Ford Shale. Velocity constructed a condensate gathering and storage system in South Texas, which was ultimately sold to Plains All American (NYSE: PAA) in November 2011.