Midstream Business

Enerfin’s midstream business consists of the following as of December 31, 2007:

Oklahoma Systems, six contiguous natural gas gathering systems with over 1,200 miles of pipeline located in the Cherokee-Seminole Platform area of Oklahoma between the Anadarko and Arkoma Basins. Covering 10 counties, the systems offer low pressure gas gathering and processing services and have flexible access to intrastate and interstate gas markets.
North Texas Systems, four natural gas gathering systems with about 130 miles of pipeline located in the western Fort Worth Basin. Located in Jack and Archer Counties, the systems offer low pressure gas gathering and processing services.
South Texas Systems, Several natural gas gathering systems totaling about 475 miles of pipeline located in numerous areas overlying the Austin Chalk Field and west and southwest of the Corpus Christi area. The systems offer low and mid-pressure gas gathering and processing services with flexible access to intrastate and interstate gas markets.
East Texas Systems, Two natural gas gathering systems totaling about 130 miles of pipeline located in southwestern Gregg and northwestern Rusk Counties, and central Montgomery County. The systems will offer low pressure gas gathering and processing services upon being placed into service.
SE Texas & SW Louisiana System, One mainline system and associated gas gathering systems totaling about 230 miles of pipeline located in southeast Texas near Beaumont, Texas and running northeasterly to an area located southwest of Alexandria, Louisiana. An additional pipeline gathering system is located near Bancroft Louisiana and runs south to a point just west of Lake Charles, LA. The systems offer flexible mid-pressure gas gathering and processing services and have access to intrastate and interstate markets.
New Project Development, in which Enerfin designs, constructs, owns and operates new gas pipelines, processing and treating facilities near its existing systems and in new areas of interest, with a focus on midstream projects requiring an initial capital investment outlay of about $2 million to $20 million.
Marketing Operations, in which Enerfin markets natural gas, natural gas liquids, crude oil and condensate from its gas pipeline systems and upstream oil and gas wells as well as oil and gas production owned by third parties.