(Source: Business Wire)

MarkWest Pioneer, L.L.C., a joint venture between MarkWest Energy
Partners, L.P. (NYSE: MWE) and an affiliate of ArcLight Capital
Partners, LLC, today announced that it notified affiliates of Kinder
Morgan Energy Partners, L.P. and Energy Transfer Partners, L.P. that
MarkWest Pioneer will not exercise its option to acquire a 10 percent
equity interest in Midcontinent Express Pipeline LLC.
MarkWest believes the Midcontinent Express Pipeline is a critical
component of the pipeline infrastructure that transports natural gas
from newly developed areas in Texas and Oklahoma, including an
interconnect with MarkWest Pioneer's Arkoma Connector Pipeline in
Southeast Oklahoma, into high-demand markets in the Eastern U.S.
However, MarkWest is foregoing the option to acquire the equity interest
in order to prioritize available capital for strategic growth projects
in its core operating areas.
MarkWest Energy Partners, L.P. is a master limited partnership
engaged in the gathering, transportation, and processing of natural gas;
the transportation, fractionation, marketing, and storage of natural gas
liquids; and the gathering and transportation of crude oil. MarkWest has
extensive natural gas gathering, processing, and transmission operations
in the southwest, Gulf Coast, and northeast regions of the United
States, including the Marcellus Shale, and is the largest natural gas
processor in the Appalachian region.
This press release includes "forward-looking statements." All
statements other than statements of historical facts included or
incorporated herein may constitute forward-looking statements. Actual
results could vary significantly from those expressed or implied in such
statements and are subject to a number of risks and uncertainties. Although
we believe that the expectations reflected in the forward-looking
statements are reasonable, we can give no assurance that such
expectations will prove to be correct. The forward-looking
statements involve risks and uncertainties that affect our operations,
financial performance, and other factors as discussed in our filings
with the Securities and Exchange Commission. Among the factors
that could cause results to differ materially are those risks discussed
in the periodic reports we file with the SEC, including our Annual
Report on Form 10-K for the year ended December 31, 2008, and our
Quarterly Report on Form 10-Q for the quarter ended June 30, 2009. You
are urged to carefully review and consider the cautionary statements and
other disclosures made in those filings, specifically those under the
heading "Risk Factors." We do not undertake any duty to update
any forward-looking statement except as required by law.
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