NGL Energy Partners LP Acquires Downeast Energy Corporation

Published on Wednesday, 02 May 2012 06:09 Written by TradersHuddle Staff

TULSA, Okla.-( Business Wire )-

NGL Energy Partners LP (NYSE: NGL) has completed its previously announced acquisition of Downeast Energy Corporation’s assets in exchange for a combination of cash and NGL Common Units. The assets contributed by Downeast are located in Maine and New Hampshire.

About NGL Energy Partners LP

NGL Energy Partners LP is a Delaware limited partnership. The Partnership owns and operates a vertically integrated energy business with three operating segments: midstream, wholesale supply and marketing and retail propane. The Partnership completed its initial public offering in May 2011. For further information visit the Partnership’s website at www.nglenergypartners.com.

The information contained in this press release is available on the Partnership’s website at www.nglenergypartners.com.

NGL Energy Partners LPCraig S. Jones, 918-477-0532Chief Financial This e-mail address is being protected from spambots. You need JavaScript enabled to view it.