DENVER--(BUSINESS WIRE)--Jun. 2, 2014--
MarkWest Energy Partners, L.P. (NYSE: MWE) (“MarkWest” or “the
Partnership”) announced today the commencement of Bluestone II, a 120
million cubic feet per day (MMcf/d) cryogenic processing facility. The
Bluestone II plant is part of the Partnership’s Keystone assets in
Butler County, Pennsylvania and increases processing capacity for
Marcellus producers operating in the rich-gas area of northwest
Pennsylvania to 210 MMcf/d. Concurrently with the new processing plant,
MarkWest has also completed 20,000 barrels per day of ethane and heavier
fractionation capacity at the Bluestone facility, and a 32 mile purity
ethane pipeline connecting to Mariner West.
The Bluestone II plant primarily supports the expanding rich-gas
production of Rex Energy Corporation (NASDAQ: REXX) (“Rex Energy”). Rex
Energy now has 190 MMcf/d of dedicated processing capacity at MarkWest’s
Keystone facilities, which also consist of 50 MMcf/d of capacity at the
Bluestone I plant and 40 MMcf/d of capacity at the Sarsen facility.
MarkWest continues to develop its rich-gas gathering system throughout
Butler County and surrounding areas in order to support the continued
growth of its processing facilities.
“We are excited to expand our processing and fractionation capacity in
the Marcellus Shale with the addition of new facilities in Butler
County,” stated Frank Semple, Chairman, President, and Chief Executive
Officer of MarkWest. “Rex is a proven operator and has been highly
successful developing their Marcellus and Upper Devonian resources in
MarkWest Energy Partners, L.P. is a master limited partnership engaged
in the gathering, processing and transportation of natural gas; the
gathering, transportation, fractionation, storage and marketing of
natural gas liquids; and the gathering and transportation of crude oil.
MarkWest has a leading presence in many unconventional gas plays
including the Marcellus Shale, Utica Shale, Huron/Berea Shale,
Haynesville Shale, Woodford Shale and Granite Wash formation.
This press release includes “forward-looking statements.” All statements
other than statements of historical facts included or incorporated
herein may constitute forward-looking statements. Actual results could
vary significantly from those expressed or implied in such statements
and are subject to a number of risks and uncertainties. Although
MarkWest believes that the expectations reflected in the forward-looking
statements are reasonable, MarkWest can give no assurance that such
expectations will prove to be correct. The forward-looking statements
involve risks and uncertainties that affect operations, financial
performance, and other factors as discussed in filings with the
Securities and Exchange Commission (SEC). Among the factors that could
cause results to differ materially are those risks discussed in the
periodic reports filed with the SEC, including MarkWest’s Annual Report
on Form 10-K for the year ended December 31, 2013. You are urged to
carefully review and consider the cautionary statements and other
disclosures made in those filings, specifically those under the heading
“Risk Factors.” MarkWest does not undertake any duty to update any
forward-looking statement except as required by law.
Source: MarkWest Energy Partners, L.P.
MarkWest Energy Partners, L.P.
Frank Semple, 866-858-0482
President & CEO
Nancy Buese, 866-858-0482
VP & CFO
Josh Hallenbeck, 866-858-0482
Finance & Treasurer