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MOUNTAIN VALLEY PIPELINE ANNOUNCEMENT:

March 11, 2015 - Vega Energy Partners, Ltd, ("Vega"), through its wholly-owned subsidiary, Vega Midstream MVP LLC ("Vega MVP"), has acquired a 3% equity interest in Mountain Valley Pipeline, LLC, a joint venture that will construct and own the proposed Mountain Valley Pipeline ("MVP"). As currently proposed, the MVP is an approximately 300-mile long, 42-inch natural gas pipeline that is expected to transport at least 2,000,000 dekatherms per day of natural gas from various points of origination in northwestern West Virginia to a point on Transcontinental Gas Pipeline Company's mainline at Station 165 in southern Virginia. The total estimated cost of the pipeline is $3.0 - $3.5 billion. Vega MVP's equity partners in Mountain Valley Pipeline, LLC include affiliates of EQT Corporation (55%) and NextEra Energy, Inc. (35%), along with WGL Midstream, Inc. ("WGL Midstream"), a subsidiary of WGL Holdings, Inc. (7%).

Since 2011, Vega has focused on the extensive infrastructure development opportunities surrounding the Marcellus and Utica shale. As a result of these efforts, Vega has participated as a developer, equity owner, and / or capacity manager in several brownfield and greenfield pipeline projects, including Constitution Pipeline, Leidy Southeast, Atlantic Sunrise / Central Penn Line and MVP. Through Mountain Valley Pipeline, LLC, Vega, in conjunction with its commercial partner, WGL Midstream, is expected to play a key role in providing much needed supply diversity to and enhancing overall market dynamics in the Mid-Atlantic and Southeast regions.

Vega is a privately held company located in Houston, Texas. Through its predecessor companies, Vega and its principals have been engaged in the management, optimization, and development of natural gas assets for over 25 years. Today, Vega focuses on structuring solutions for its customers, which include producers, midstream companies, utilities, LNG exporters, large end-users, and retail aggregators. These solutions include natural gas infrastructure development, asset optimization, and physical commodity management services.

For more information, contact Chris Beggins or Dave Koons or Justin Cooper at 713-527-0557.

Cove Point LNG Export Announcement:

December 5, 2014 - Vega Energy Partners, Ltd. ("Vega"), through its relationship with WGL Midstream, has assisted in the execution of a gas sale and purchase agreement with GAIL Global (USA) LNG LLC ("GGULL"), backed by their parent company GAIL (India) Limited, under which WGL Midstream has agreed to sell up to 430,000 Dth/day of natural gas, for a term of approximately 20 years, commencing on the in-service date of Dominion Cove Point LNG export facility.

Vega worked in conjunction with WGL Midstream to structure and negotiate this agreement to be GGULL's sole supplier of up to 430,000 Dth/day for 20 years. Coupled with existing producer arrangements, this transaction is a strategic addition to WGL Midstream's portfolio of assets in the Marcellus and Mid-Atlantic regions. Vega will continue to play its role in managing WGL Midstream's growing network of assets.

"This transaction represents another step forward in Vega's efforts to support natural gas supply, demand, and infrastructure development both domestically and internationally. We are honored to have helped conclude this landmark agreement and we look forward to continuing to work with WGL Midstream and GGULL in the future," said David A. Modesett, President, Vega Energy Partners, Ltd.

Vega is a privately held company located in Houston, Texas. Through its predecessor companies, Vega and its principals have been engaged in the management, optimization, and development of natural gas assets for over 25 years. Today, Vega focuses on structuring solutions for its customers, which include producers, midstream companies, utilities, LNG exporters, large end-users, and retail aggregators. These solutions include natural gas infrastructure development, asset optimization, and physical commodity management services.

For more information, contact Chris Beggins or Justin Cooper at 713-527-0557.

Central Penn Line Announcement:

February 14, 2014 - Vega Energy Partners, Ltd. ("Vega"), through its wholly-owned subsidiary, Vega Midstream MPC LLC ("Vega MPC"), has acquired a 15% equity interest in Meade Pipeline Co LLC ("Meade"), a newly formed entity that will jointly develop and own, together with Transcontinental Gas Pipeline Company ("Transco"), an approximately 177-mile natural gas pipeline, known as the Central Penn Line, that is being designed to transport up to 1,700,000 dekatherms per day of natural gas from various points of origination in Susquehanna County, Pennsylvania to a point on Transco's mainline near Station 195 in southeastern Pennsylvania. Vega MPC's equity interest partners in Meade include affiliates of WGL Holdings, Inc. ("WGL"), Cabot Oil & Gas Corporation ("Cabot") and River Road Interests LLC ("River Road"). The total cost of Meade's expected investment in the Central Penn Line is approximately $746 million.

The Central Penn Line is part of Transco's recently announced, fully subscribed Atlantic Sunrise expansion project, which is expected to be placed into service during the second half of 2017. When completed, the Central Penn Line will connect abundant new supplies of Marcellus area natural gas production with growing markets along the Atlantic Seaboard. Transco will be the constructor and operator of the Central Penn Line.

Vega is a privately held company located in Houston, Texas. Through its predecessor companies, Vega and its principals have been engaged in the management, optimization, and development of natural gas assets for over 25 years. Today, Vega focuses on structuring solutions for its customers, which include producers, midstream companies, utilities, LNG exporters, large end-users, and retail aggregators. These solutions include natural gas infrastructure development, asset optimization, and physical commodity management services.

For more information, contact Chris Beggins or Dave Koons at 713-527-0557.