DALLAS--(BUSINESS WIRE)--Feb. 21, 2013--
Southcross Energy Partners, L.P. (NYSE: SXE) (“Southcross” or the
“Partnership”) announced today the completion of its new 57-mile,
20-inch diameter Bee Line pipeline that will transport liquids rich gas
from the central Eagle Ford shale area to Southcross’ Woodsboro and
Bonnie View processing and fractionation complex. The Bee Line pipeline
has capacity of 320 MMcf/d.
“This is another important step in our strategy of providing integrated
natural gas gathering, processing, fractionation and transportation
services in the high-growth Eagle Ford shale area,” said David Biegler,
Southcross’ Chairman, President and Chief Executive Officer. “The
completion of the Bee Line pipeline provides us with significant
additional pipeline capacity for liquids rich gas to meet the growing
needs of our customers in the Eagle Ford shale, as well as capacity for
expansion of our Woodsboro processing plant.”
With the completion of the Bee Line pipeline, Southcross will have
approximately 2,730 miles of pipeline.
Forward Looking Statements
This press release includes certain statements concerning expectations
for the future that are forward-looking within the meaning of the
federal securities laws. Although we believe the expectations and
forecasts reflected in these and other forward-looking statements are
reasonable, we can give no assurance they will prove to be correct.
Forward-looking statements contain known and unknown risks and
uncertainties (many of which are difficult to predict and beyond
management’s control) that may cause our actual results in future
periods to differ materially from anticipated or projected results. An
extensive list of specific material risks and uncertainties affecting us
is contained in our Rule 424(b)(4) Prospectus filed with the Securities
and Exchange Commission (the “SEC”) on November 2, 2012 and other
documents and reports filed from time to time with the SEC. We caution
you not to place undue reliance on our forward-looking statements, which
speak only as of the date of this press release, and we undertake no
obligation to update or revise any forward-looking statements to reflect
new information or events.
About Southcross Energy Partners, L.P.
Southcross Energy Partners, L.P. is a master limited partnership that
provides natural gas gathering, processing, treating, compression and
transportation services and NGL fractionation and transportation
services for its producer customers. It also sources, purchases,
transports and sells natural gas and NGLs to its power generation,
industrial and utility customers. The Partnership’s assets are located
in South Texas, Mississippi and Alabama and include three gas processing
plants, two fractionation plants and approximately 2,730 miles of
pipeline. The Partnership’s South Texas assets are located in or near
the Eagle Ford shale region. Southcross is headquartered in Dallas,
Texas. Visit www.southcrossenergy.com
for more information.
Source: Southcross Energy Partners, L.P.
Southcross Energy Partners, L.P.
Kristin Hodges, (214) 979-3720