HOUSTON and PITTSBURGH, Oct. 1,
2014 /PRNewswire/ -- Noble Energy, Inc. (NYSE: NBL),
CONSOL Energy Inc. (NYSE: CNX) and CONE Midstream Partners LP, a
Delaware limited partnership
("CONE Midstream Partners") formed by CONSOL and Noble Energy,
announced today that CONE Midstream Partners has closed its initial
public offering of 20,125,000 common units representing limited
partner interests at a price to the public of $22.00 per common unit. The common units
issued at closing included 2,625,000 common units that were issued
pursuant to the full exercise of the underwriters' option to
purchase additional common units. The common units began
trading on the New York Stock Exchange on September 25, 2014 under the ticker symbol
"CNNX."
As of the closing of the offering, the public owns a 33.8%
limited partner interest in CONE Midstream Partners. Each of
CONSOL and Noble Energy own a 32.1% limited partner interest in
CONE Midstream Partners. In addition, CONSOL and Noble Energy
own, through their Marcellus Shale midstream joint venture, CONE
Gathering LLC, a 2% general partner interest and the incentive
distribution rights in CONE Midstream Partners.
Wells Fargo Securities, BofA Merrill Lynch, Citigroup, J.P.
Morgan, Baird, Barclays, Deutsche Bank Securities,
Goldman, Sachs & Co., Morgan Stanley, Credit Suisse and RBC
Capital Markets acted as book-running managers of the
offering. MUFG, PNC Capital Markets LLC, BB&T Capital
Markets, BBVA, BNP PARIBAS, DNB Markets, Mizuho Securities and TD
Securities acted as co-managers of the offering. The offering
of common units was made only by means of a written
prospectus. Copies of the written prospectus, which meets the
requirements of Section 10 of the Securities Act of 1933, may be
obtained from:
Wells Fargo
Securities
c/o Equity Syndicate
Department
375 Park
Avenue
New York, NY
10152
cmclientsupport@wellsfargo.com
Toll-Free:
1-800-326-5897
|
BofA Merrill
Lynch
222 Broadway, New
York, NY 10038
Attn: Prospectus
Department
email:
dg.prospectus_requests@baml.com
|
Citigroup
c/o Broadridge
Financial Solutions
1155 Long Island
Avenue
Edgewood, NY
11717
prospectus@citi.com
Toll-Free:
1-800-831-9146
|
J.P.
Morgan
c/o Broadridge
Financial Solutions
1155 Long Island
Avenue
Edgewood, New York,
11717
Telephone: (866)
803-9204
|
Baird
Attention: Syndicate
Department
777 East Wisconsin
Avenue
Milwaukee, WI
53202-5391
Telephone: (800)
792-2473
Email:
syndicate@rwbaird.com
|
Barclays
c/o Broadridge
Financial Solutions
1155 Long Island
Avenue,
Edgewood, NY,
11717
Telephone:
(888) 603-5847
Email:
barclaysprospectus@broadridge.com
|
Deutsche Bank
Securities
Attention: Prospectus
Group
60 Wall
Street
New York, NY
10005
Telephone: (800)
503-4611
Email:
prospectus.CPDG@db.com
|
Goldman, Sachs &
Co.
Attn: Prospectus
Department
200 West
Street
New York, NY
10282
Telephone: (866)
471-2526
Email:
prospectus-ny@ny.email.gs.com
|
Morgan
Stanley
Attn: Prospectus
Department
180 Varick Street,
2nd Floor
New York, NY
10014
|
Credit
Suisse
Attn: Prospectus
Department
One Madison
Avenue
New York, NY
10010
Telephone: (800)
221-1037
Email:
newyork.prospectus@credit-suisse.com
|
RBC Capital
Markets
Attn: Equity
Syndicate
Three World Financial
Center
200 Vesey St.,
8th Floor
New York, NY
10281-8089
Phone: (877)
822-4089
Email:
equityprospectus@rbccm.com
|
|
You may also obtain a copy of the prospectus free of charge by
visiting the website maintained by the Securities and Exchange
Commission ("SEC"), www.sec.gov, and searching under the
registrant's name, "CONE Midstream Partners LP."
The registration statement relating to these securities has been
filed with and declared effective by the SEC. This press release
shall not constitute an offer to sell or the solicitation of an
offer to buy the securities, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such state or
jurisdiction.
About CONE Midstream Partners
CONE Midstream Partners is a growth-oriented master limited
partnership recently formed by CONSOL and Noble Energy, whom we
refer to as our Sponsors, to own, operate, develop and acquire
natural gas gathering and other midstream energy assets to service
our Sponsors' rapidly growing production in the Marcellus Shale in
Pennsylvania and West
Virginia. Our initial assets include natural gas gathering
pipelines and compression and dehydration facilities, as well as
condensate gathering, collection, separation and stabilization
facilities.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the federal securities laws. Statements that
are predictive in nature, that depend upon or refer to future
events or conditions or that include the words "believe," "expect,"
"anticipate," "intend," "estimate" and other expressions that are
predictions of or indicate future events and trends and that do not
relate to historical matters identify forward-looking
statements. Forward-looking statements are not guarantees of
future performance and involve certain risks, uncertainties and
assumptions that are difficult to predict, and there can be no
assurance that actual outcomes and results will not differ
materially from those expected by our management. These
forward-looking statements involve certain risks and uncertainties,
including, among others, that our business plans may change as
circumstances warrant. For more information concerning
factors that could cause actual results to differ materially from
those conveyed in the forward-looking statements, please refer to
the "Risk Factors" section of the prospectus included in the
registration statement on Form S-1, in the form last filed with the
SEC. We undertake no obligation to publicly update or revise
any forward-looking statement, whether as a result of new
information, future events, changed circumstances or otherwise,
unless required by law.
SOURCE Noble Energy