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Enable Midstream Completes Bradley II Processing Plant

Monday, July 11, 2016 3:30 pm CDT

Dateline:

OKLAHOMA CITY

Public Company Information:

NYSE:
ENBL
"Bradley II will also provide natural gas supply into Enable’s interstate and intrastate transportation pipelines for delivery to downstream markets in the midcontinent and southeast United States."

OKLAHOMA CITY--(BUSINESS WIRE)--Enable Midstream Partners, LP (NYSE:ENBL) announced today that its Bradley II Plant is now fully operational. The Bradley II Plant, a 200 million cubic feet per day (MMcf/d) natural gas processing plant located at Enable’s Bradley Processing Complex in Grady County, Oklahoma, further enhances Enable’s market-leading natural gas gathering and processing capabilities in the prominent SCOOP and STACK plays in central Oklahoma.

“The Bradley II Plant provides natural gas processing capacity to support our customers’ development in the prolific SCOOP and STACK plays and continues the build out of our super-header system, which is uniquely positioned to support long-term production growth out of these plays as well as other plays located in the Anadarko Basin,” said President and CEO Rod Sailor. “Bradley II will also provide natural gas supply into Enable’s interstate and intrastate transportation pipelines for delivery to downstream markets in the midcontinent and southeast United States.”

The new Bradley II Plant is a state-of-the-art cryogenic natural gas processing plant and is the ninth processing plant to be connected to Enable’s super-header processing system, a large-diameter pipeline system with the capacity to process almost 1.7 billion cubic feet per day (Bcf/d) of natural gas.

AVAILABLE INFORMATION

Enable files annual, quarterly and other reports and other information with the U.S. Securities and Exchange Commission (SEC). Any materials Enable files with the SEC are available to read and copy at the SEC’s Public Reference Room at 100 F Street, N.E., Washington, D.C. 20549. Please call the SEC at 1-800-732-0330 for further information on their Public Reference Room. Enable’s SEC filings are also available at the SEC’s website at http://www.sec.gov which contains information regarding issuers that file electronically with the SEC. Information about Enable may also be obtained at the offices of the NYSE, 20 Broad Street, New York, New York 10005, or on Enable’s website at www.enablemidstream.com. On the investor relations tab of Enable’s website, http://investors.enablemidstream.com/, Enable makes available free of charge a variety of information to investors. Enable’s goal is to maintain the investor relations tab of its website as a portal through which investors can easily find or navigate to pertinent information about Enable, including but not limited to:

  • Enable’s annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and any amendments to those reports as soon as reasonably practicable after Enable electronically files that material with or furnish it to the SEC;
  • press releases on quarterly distributions, quarterly earnings, and other developments;
  • governance information, including Enable’s governance guidelines, committee charters, and code of ethics and business conduct;
  • information on events and presentations, including an archive of available calls, webcasts, and presentations;
  • news and other announcements that Enable may post from time to time that investors may find useful or interesting; and
  • opportunities to sign up for email alerts and RSS feeds to have information pushed in real time.

ABOUT ENABLE MIDSTREAM PARTNERS

Enable owns, operates and develops strategically located natural gas and crude oil infrastructure assets. Enable’s assets include approximately 12,400 miles of gathering pipelines, 14 major processing plants with approximately 2.5 billion cubic feet per day of processing capacity, approximately 7,900 miles of interstate pipelines (including Southeast Supply Header, LLC of which Enable owns 50 percent), approximately 2,200 miles of intrastate pipelines and eight storage facilities comprising 85.0 billion cubic feet of storage capacity. For more information, visit EnableMidstream.com.

FORWARD-LOOKING STATEMENTS

This press release may contain “forward-looking statements” within the meaning of the securities laws. All statements, other than statements of historical fact, regarding Enable Midstream Partners’ (“Enable”) strategy, future operations, financial position, estimated revenues, projected costs, prospects, plans and objectives of management are forward-looking statements. These statements often include the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “forecast” and similar expressions and are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on Enable’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Enable assumes no obligation to and does not intend to update any forward-looking statements included herein. When considering forward-looking statements, which include statements regarding future commodity prices, future capital expenditures and our financial and operational outlook for 2016, among others, you should keep in mind the risk factors and other cautionary statements described under the heading “Risk Factors” and elsewhere in our SEC filings. Enable cautions you that these forward-looking statements are subject to all of the risks and uncertainties, most of which are difficult to predict and many of which are beyond its control, incident to the ownership, operation and development of natural gas and crude oil infrastructure assets. These risks include, but are not limited to, contract renewal risk, commodity price risk, environmental risks, operating risks, regulatory changes and the other risks described under “Risk Factors” and elsewhere in our SEC filings. Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, Enable’s actual results and plans could differ materially from those expressed in any forward-looking statements.

Multimedia Files:

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Enable Midstream's Bradley II plant is now fully operational alongside its Bradley I plant in Grady County, Oklahoma. The additional plant enhances Enable's market-leading natural gas gathering and processing capabilities in the prominent SCOOP and STACK plays. (Photo: Business Wire)
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Contact:

Enable Midstream Partners, LP
Media
Brian Alford, 405-553-6984
or
Investor
Matt Beasley, 405-558-4600