SemGroup Energy Partners, L.P. (NASDAQ: SGLP) today announced that it
received a letter today from the Hearings Panel (the “Panel”) of The
Nasdaq Stock Market, Inc. (“NASDAQ”) providing the Panel’s decision to
delist SGLP’s common units from NASDAQ, with trading being suspended
effective at the open of trading on Friday, February 20, 2009. Following
the delisting of the SGLP’s common units from NASDAQ, SGLP expects that
its common units will be quoted in the “Pink Sheets” beginning on
February 20, 2009. SGLP continues to work to file its late periodic
reports in the near future. SGLP intends to promptly seek the re-listing
of its common units on NASDAQ as soon as practicable thereafter.
About SemGroup Energy Partners, L.P.
SemGroup Energy Partners owns and operates a diversified portfolio of
complementary midstream energy assets. SemGroup Energy Partners provides
crude oil and liquid asphalt cement terminalling and storage services
and crude oil gathering and transportation services. SemGroup Energy
Partners is based in Tulsa, Oklahoma. The general partner of SemGroup
Energy Partners is a subsidiary of SemGroup, L.P. For more information,
visit SemGroup Energy Partners’ web site www.SGLP.com.
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Forward-Looking Statements
This news release includes forward-looking statements. Except for the
historical information contained herein, the matters discussed in this
news release are forward-looking statements that involve certain risks
and uncertainties. These risks and uncertainties include, among other
things, uncertainties relating to SemGroup, L.P.’s bankruptcy filings
and related events, insufficient cash from operations, market
conditions, governmental regulations and factors discussed in SemGroup
Energy Partners’ filings with the Securities and Exchange Commission. If
any of these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results or outcomes may vary
materially from those expected. SemGroup Energy Partners undertakes no
obligation to publicly update or revise any forward-looking statement,
whether as a result of new information, future events or otherwise.
SGLP Investor Relations
Brian Cropper 918-524-SGLP (7457)
Toll
Free Phone: 866-490-SGLP (7457)
investor@semgroupenergypartners.com
