2008 News Releases

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12/04/08MarkWest Energy Partners to Present at the 2008 Wachovia Pipeline and MLP Conference
DENVER—December 4, 2008—MarkWest Energy Partners, L.P. (NYSE: MWE) announced today that Frank Semple, Chairman, President, and Chief Executive Officer, and Nancy Buese, Senior Vice President and Chief Financial Officer, will present at the 2008 Wachovia Pipeline and MLP Conference on Tuesday, December 9, 2008, at the Jumeirah Essex House in New York. MarkWest’s presentation will begin at 9:30 a.m. Eastern Time and is expected to last approximately 25 minutes. To listen to a live audio webcast o... 
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12/02/08MarkWest Energy Partners to Present at the J.P. Morgan 2008 SMid Cap Conference
DENVER—December 2, 2008—MarkWest Energy Partners, L.P. (NYSE: MWE) announced today that Andrew Schroeder, Vice President of Finance and Treasurer, will present at the J.P. Morgan 2008 SMid Cap Conference on Friday, December 5, 2008, at the J.P. Morgan Conference Center in New York City. MarkWest’s presentation will not be webcast; however, the presentation materials will be available on MarkWest’s website at www.markwest.com under "Investor Relations / Presentations." ### MarkWest Energy Part... 
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11/10/08MarkWest Energy Partners Reports Third Quarter 2008 Financial Results
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10/22/08Range and Markwest Announce Commencement of Marcellus Gas Processing Plant and Investor Site Tour
FORT WORTH AND DENVER - OCTOBER 22, 2008 - Range Resources Corporation (NYSE:RRC) and MarkWest Energy Partners, L.P. (NYSE: MWE) today announced the commencement of the initial phase of Pennsylvania’s first large-scale gas processing infrastructure with the successful launch of a mechanical refrigeration processing plant in Washington County. Today’s announcement is the culmination of efforts by Range Resources and MarkWest to bring Marcellus Shale gas to the local market. Over the past four ye... 
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10/22/08MWE Increases Quarterly Cash Distribution by 16 Percent Compared to Prior Year Quarter
DENVER—October 22, 2008—MarkWest Energy Partners, L.P. (NYSE: MWE) today announced that the Board of Directors of the General Partner of MarkWest Energy Partners, L.P., declared a cash distribution of $0.64 per common unit for the third quarter of 2008, for an implied annual rate of $2.56 per common unit. The third quarter 2008 distribution represents an increase of $0.09 per common unit, or 16 percent, compared to the third quarter 2007 distribution and an increase of $0.01 per common unit comp... 
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10/22/08Frank M. Semple Elected Chairman of the Board and John M. Fox Elected as Lead Director of the Board of Directors of the General Partner of MarkWest Energy Partners
DENVER—October 22, 2008—MarkWest Energy Partners, L.P. (NYSE: MWE) today announced that the Board of Directors of its General Partner elected Frank M. Semple as Chairman of the Board of Directors. Mr. Semple will continue in his current position as President and Chief Executive Officer. In addition, the Board of Directors elected John M. Fox, who preceded Mr. Semple as Chairman of the Board of Directors, as Lead Director of the Board of Directors. The Board believes that a Lead Director is an i... 
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10/21/08NiSource unit Columbia Gas Transmission and MarkWest Energy Partners Announce Additional Plans to Expand Natural Gas Midstream Services in West Virginia
HOUSTON and DENVER– October 21, 2008– NiSource Inc. (NYSE: NI) unit Columbia Gas Transmission Corp. and MarkWest Energy Partners, LP (NYSE:MWE) today announced their intention to jointly expand natural gas gathering and processing services to support increased production volumes in the Appalachian Basin of central West Virginia. Columbia Gas and MarkWest are in discussions with several natural gas producers regarding plans to provide new gathering and processing services near Columbia Gas’ Cobb... 
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08/13/08NiSource subsidiary Columbia Gas Transmission and MarkWest Energy Partners Announce Plans to Move More Appalachian Gas to Market
HOUSTON and DENVER – August 13, 2008– NiSource Inc. (NYSE: NI) unit Columbia Gas Transmission Corp. and MarkWest Energy Partners, LP (NYSE:MWE) today announced their intention to jointly develop several natural gas gathering and processing projects to support increased production volumes in the Appalachian Basin. Columbia Gas and MarkWest are in discussions with several interested natural gas producers regarding plans to provide new gathering and gas processing services in association with Colu... 
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08/11/08MarkWest Energy Partners Reports Second Quarter 2008 Financial Results
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08/06/08MarkWest Acquires Gathering Assets from Petroquest Energy for $41.3 Million
DENVER—August 6, 2008—MarkWest Energy Partners, L.P. (NYSE: MWE) today announced that on July 31, 2008, it completed the acquisition of gathering assets primarily located in Pittsburg County in Southeast Oklahoma from Petroquest Energy, LLC for $41.3 million. In conjunction with the acquisition agreement, MarkWest will invest up to an additional $15 million in 2008 and $13 million in 2009 to support the development of Petroquest’s Woodford Shale and coal bed methane initiatives. Petroquest is t... 
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07/24/08MarkWest Energy Partners Increases Quarterly Cash Distribution by 19 Percent Compared to Prior Year Quarter
DENVER—July 24, 2008—MarkWest Energy Partners, L.P. (NYSE: MWE) today announced that the Board of Directors of the General Partner of MarkWest Energy Partners, L.P., declared a cash distribution of $0.63 per common unit for the second quarter of 2008, for an implied annual rate of $2.52 per common unit. The second quarter 2008 distribution represents an increase of $0.03 per common unit compared to the first quarter 2008 distribution and an increase of $0.10 per common unit, or 19 percent, compa... 
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06/17/08Range Resources and MarkWest Energy Partners Announce Marcellus Shale Agreement
Fort Worth and Denver – June 17, 2008 – Range Resources Corporation (NYSE:RRC) and MarkWest Energy Partners, L.P. (NYSE:MWE) today announced their agreement for MarkWest to construct and operate gas gathering pipelines and processing facilities associated with Range’s Marcellus Shale acreage in the Appalachian Basin. MarkWest expects to invest approximately $50 million in 2008 and anticipates investing up to an additional $125 million in 2009 based on projects currently being developed. “We are... 
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05/12/08MarkWest Energy Partners Increases Equity Ownership in Centrahoma Processing LLC
DENVER—May 12, 2008— MarkWest Energy Partners, L.P. (“MarkWest”) (NYSE: MWE) today announced that it increased its ownership interest in Centrahoma Processing LLC ("Centrahoma”) to 40 percent for $12.0 million. On March 1, 2008, MarkWest acquired its initial 20 percent interest in Centrahoma for $11.6 million. Centrahoma includes two cryogenic gas processing plants located in Southeast Oklahoma. These plants are currently operating near their capacity of 100 million cubic feet per day of hydroca... 
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05/12/08MarkWest Energy Partners Reports First Quarter 2008 Financial Results Record $55 Million of Cash Available for Distribution to Common Unitholders
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04/28/08MarkWest Energy Partners Announces $100 Million Follow-on Debt Offering
DENVER—April 28, 2008— MarkWest Energy Partners, L.P. (NYSE:MWE) and its subsidiary, MarkWest Energy Finance Corporation, announced today a $100 million follow-on offering of its 8.75% senior unsecured notes due 2018 (the "Senior Notes"). The notes priced at 102% of the principal amount to yield 8.4%. The Partnership intends to use the net proceeds from this offering to support its organic growth capital budget. On April 15, 2008, MarkWest completed a private placement of $400 million of 8.75% ... 
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04/24/08MarkWest Energy Partners Increases Quarterly Cash Distribution by 18 Percent Compared to Prior Year Quarter
DENVER—April 24, 2008—MarkWest Energy Partners, L.P. (NYSE: MWE) today announced that the Board of Directors of the General Partner of MarkWest Energy Partners, L.P., declared a cash distribution of $0.60 per common unit for the first quarter of 2008, for an implied annual rate of $2.40 per common unit. The first quarter 2008 distribution represents an increase of $0.03 per common unit, or 5 percent, over the fourth quarter 2007 distribution and an increase of $0.09 per common unit, or 18 percen... 
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04/10/08MarkWest Energy Partners Announces Exercise of Option to Purchase Additional Units
DENVER—April 10, 2008—MarkWest Energy Partners, L.P. (NYSE:MWE) announced today that the underwriters of its common unit offering exercised in full their option to purchase an additional 750,000 common units at $31.15. The option was granted in connection with the Partnership’s offering of 5,000,000 common units, which priced on April 8, 2008. MarkWest expects net proceeds from the offering, including the exercise of the over-allotment option, to be approximately $172 million. Lehman Brothers a... 
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04/10/08MarkWest Energy Partners Prices $400 Million Private Placement of 8.75% Senior Notes Due 2018
DENVER—April 10, 2008—MarkWest Energy Partners, L.P. (NYSE:MWE) and its subsidiary, MarkWest Energy Finance Corporation, announced today the pricing of $400 million of 8.75 percent senior unsecured notes due 2018 (the “Senior Notes”). The Partnership intends to use a portion of the net proceeds from this offering to repay in full its $225 million term loan and the remaining net proceeds to partially fund its 2008 organic growth capital budget. The Senior Notes have not been registered under th... 
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04/08/08MarkWest Energy Partners Announces Pricing of Public Offering of Common Units
DENVER—April 8, 2008—MarkWest Energy Partners, L.P. (NYSE: MWE) announced today that it has priced its offering of 5,000,000 common units representing limited partner interests at $31.15 per common unit. The Partnership intends to use the net proceeds from the offering of approximately $149.5 million to partially fund its 2008 organic growth budget. Pending that use, the Partnership intends to apply a portion of the net proceeds to pay down borrowings under its revolving credit facility. The Par... 
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04/08/08MarkWest Energy Partners Announces $250 Million Private Placement of Senior Notes Due 2018
DENVER—April 8, 2008—MarkWest Energy Partners, L.P. (NYSE:MWE) and its subsidiary MarkWest Energy Finance Corporation announced today that, subject to market conditions, they intend to sell in a private placement to eligible purchasers $250 million in aggregate principal amount of senior unsecured notes due 2018. The Partnership intends to use approximately $150 million of the net proceeds from the offering to partially fund its 2008 organic growth capital budget and the remaining net proceeds ... 
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04/07/08MarkWest Energy Partners Announces Public Offering of Common Units
DENVER—April 7, 2008—MarkWest Energy Partners, L.P. (NYSE: MWE) announced today that it is commencing a public offering of 5,000,000 common units. The Partnership intends to use the net proceeds from the offering of approximately $155.7 million, based on an assumed offering price of $32.44 per common unit, the last reported sales price of its common units on the NYSE on April 4, 2008, to partially fund its 2008 organic growth capital budget. Pending that use, the Partnership intends to apply a p... 
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03/20/08MarkWest Energy Partners Announces Open Season for Arkoma Connector Pipeline
DENVER—March 20, 2008—MarkWest Pioneer, L.L.C., a wholly owned subsidiary of MarkWest Energy Partners, L.P. (MarkWest) (NYSE: MWE) today announced that it is holding a binding open season through April 21, 2008, to solicit shipper commitments for firm year-round transportation service on its proposed Arkoma Connector Pipeline (the “Pipeline”). The transportation service would originate northeast of Coalgate, Oklahoma, and extend south to near Bennington, Oklahoma, where the Pipeline will interc... 
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03/04/08MarkWest Energy Partners Announces 2007 Schedule K-1s are Available
DENVER, CO–March 4, 2008–MarkWest Energy Partners, L.P. (NYSE: MWE) announced that the 2007 Schedule K-1s are available and can be accessed online via MarkWest’s website at www.markwest.com under "Investor Relations/K-1 (Tax) Info”. MarkWest began mailing the Schedule K-1s to its unitholders on Monday, March 3, 2008. ### MarkWest Energy Partners, L.P. (NYSE:MWE) is a publicly traded master limited partnership with a solid core of midstream assets and a growing core of gas transmission assets. ... 
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03/03/08MarkWest Energy Partners Reports Fourth Quarter and Full Year 2007 Financial Results
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02/26/08MarkWest Announces Final Results of Merger Consideration Elections
DENVER, CO–February 26, 2008–MarkWest Energy Partners, L.P. (NYSE: MWE) announced the final allocation of merger consideration in the Agreement and Plan of Redemption and Merger between MarkWest Energy Partners and MarkWest Hydrocarbon, Inc. In the redemption and merger transaction, shareholders of MarkWest Hydrocarbon common stock could elect to receive stated consideration of 1.285 common units of MarkWest Energy Partners plus $20.00 cash, on a per share basis, or all cash, all common units, o... 
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02/25/08MarkWest Energy Partners Announces Release Date for Fourth Quarter 2007 Financial Results
DENVER, February 25, 2008 – MarkWest Energy Partners, L.P. (NYSE: MWE) will announce fourth quarter 2007 financial results after market close on Monday, March 3, 2008. You are invited to join a conference call and webcast on Tuesday, March 4, 2008, at 4:00 p.m. Eastern Time with Frank Semple, President and Chief Executive Officer; Nancy Buese, Senior Vice President and Chief Financial Officer; Randy Nickerson, Senior Vice President and Chief Commercial Officer; and Andrew Schroeder, Vice Presid... 
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02/21/08MarkWest Announces Preliminary Results of Merger Consideration Elections
DENVER, CO–February 21, 2008–MarkWest Energy Partners, L.P. (NYSE: MWE) and MarkWest Hydrocarbon, Inc. (AMEX: MWP) today announced the preliminary results of the merger consideration elections for the previously announced Agreement and Plan of Redemption and Merger (the “Redemption and Merger Agreement”) between the two companies. Approximately 12,025,399 shares of MarkWest Hydrocarbon common stock were outstanding on February 20, 2008, and entitled to participate in the election of merger cons... 
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02/21/08MarkWest Announces Approval of Redemption and Merger
DENVER, CO – February 21, 2008 – MarkWest Energy Partners, L.P. (NYSE: MWE) and MarkWest Hydrocarbon, Inc. (AMEX: MWP) announced today that their respective equityholders approved and adopted the previously announced Agreement and Plan of Redemption and Merger (the “Redemption and Merger Agreement”) between the two companies as well as the transactions contemplated by the Redemption and Merger Agreement. At separate special meetings of equityholders held in Denver, Colorado on February 21, 2008,... 
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01/28/08MarkWest Energy Partners Announces Arkoma Connector Pipeline and Option to Purchase an Interest in Midcontinent Express Pipeline
DENVER—January 28, 2008—MarkWest Pioneer, L.L.C., a wholly owned subsidiary of MarkWest Energy Partners, L.P. (“MarkWest”) (NYSE: MWE) today announced that it has submitted a pre-filing application with the Federal Energy Regulatory Commission (“FERC”) to construct a new interstate natural gas transmission pipeline. The 30-inch pipeline will be named the Arkoma Connector Pipeline and will extend approximately 50 miles from an interconnect with MarkWest’s gathering system in the Woodford Shale pr... 
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01/24/08MarkWest Energy Partners Increases Quarterly Cash Distribution to $0.57 per Unit
DENVER—January 24, 2008—MarkWest Energy Partners, L.P. (NYSE: MWE) today announced that the Board of Directors of the General Partner of MarkWest Energy Partners, L.P., declared a cash distribution of $0.57 per unit for the fourth quarter of 2007, for an implied annual distribution rate of $2.28 per unit. The fourth quarter 2007 distribution represents an increase of $0.02 per unit over the third quarter 2007 distribution. The fourth quarter 2007 distribution is payable February 14, 2008, to uni... 
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01/07/08SEC Declares MarkWest Registration Statement / Joint Proxy Statement on Form S-4 Effective
DENVER, CO – January 7, 2008 – MarkWest Energy Partners, L.P. (NYSE: MWE) today announced that the Securities and Exchange Commission (“SEC”) declared effective the Registration Statement / Joint Proxy Statement on Form S-4 related to the Agreement and Plan of Redemption and Merger between MarkWest Energy Partners and MarkWest Hydrocarbon, Inc. (AMEX: MWP). The joint proxy statement / prospectus will be mailed on or about January 18, 2008, to equityholders of record of both companies as of Janu... 
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01/03/08MarkWest Energy Partners and MarkWest Hydrocarbon Announce Record Date and Shareholder Meeting Date
DENVER, CO – January 3, 2008 – The board of directors of the general partner of MarkWest Energy Partners, L.P. (NYSE: MWE) and the board of directors of MarkWest Hydrocarbon, Inc. (AMEX: MWP) today announced the record dates and meeting dates for the special meetings to consider, among other items, the approval and adoption of the Agreement and Plan of Redemption and Merger between MarkWest Energy Partners, L.P. and MarkWest Hydrocarbon, Inc. The record date for both companies will be January 14... 
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