Red Oak Pipeline Announces Supplemental Open Season
July 05 2019 - 4:05PM
Business Wire
Red Oak Pipeline LLC announced today that it has launched a
supplemental open season seeking additional crude oil
transportation commitments for service from origins in Oklahoma and
Texas to Gulf Coast destinations including Corpus Christi,
Ingleside, Houston, and Beaumont, Texas.
Red Oak Pipeline LLC is a 50/50 joint venture of Phillips 66
(NYSE: PSX) and Plains All American Pipeline (Plains) (NYSE:
PAA).
Prior to participating in the supplemental open season,
interested parties must execute a confidentiality agreement to
govern the receipt of the open season documentation. For a form of
confidentiality agreement and additional information regarding the
transportation service, please contact RedOakPipeline@p66.com.
About Phillips 66
Phillips 66 is a diversified energy manufacturing and logistics
company. With a portfolio of Midstream, Chemicals, Refining, and
Marketing and Specialties businesses, the company processes,
transports, stores and markets fuels and products globally.
Phillips 66 Partners, the company’s master limited partnership, is
integral to the portfolio. Headquartered in Houston, the company
has 14,300 employees committed to safety and operating excellence.
Phillips 66 had $58 billion of assets as of March 31, 2019. For
more information, visit http://www.phillips66.com or follow us on
Twitter @Phillips66Co.
About Plains All American Pipeline
Plains All American Pipeline (NYSE: PAA) is a publicly traded
master limited partnership that owns and operates midstream energy
infrastructure and provides logistics services for crude oil, NGLs
and natural gas. PAA owns an extensive network of pipeline
transportation, terminalling, storage, and gathering assets in key
crude oil and NGL producing basins and transportation corridors and
at major market hubs in the United States and Canada. On average,
PAA handles more than 6 million barrels per day of crude oil and
NGL in its Transportation segment. PAA is headquartered in Houston,
Texas. More information is available at
www.plainsallamerican.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190705005242/en/
Phillips 66
Jeff Dietert (investors) 832-765-2297 jeff.dietert@p66.com
Brent Shaw (investors) 832-765-2297 brent.d.shaw@p66.com
Dennis Nuss (media) 855-841-2368 dennis.h.nuss@p66.com
Plains All American Pipeline
Roy Lamoreaux (investors) 866-809-1291
Brett Magill (investors) 866-809-1291
Brad Leone (media) 866-809-1290
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