Western Gas Partners, LP and Western Gas Equity Partners, LP Announce Third Quarter 2013 Distribution and Schedule Earnings

  Western Gas Partners, LP and Western Gas Equity Partners, LP Announce Third
  Quarter 2013 Distribution and Schedule Earnings Conference Call

Business Wire

HOUSTON -- October 16, 2013

Western Gas Partners, LP (NYSE: WES) announced today that the board of
directors of its general partner has declared a cash distribution of $0.58 per
unit for the third quarter of 2013, representing a 4-percent increase over the
prior quarter and a 16-percent increase over the third quarter of 2012. The
distribution is payable on November 12, 2013, to unitholders of record at the
close of business on October 31, 2013.

Western Gas Equity Partners, LP (NYSE: WGP) also announced today that the
board of directors of its general partner has declared a cash distribution of
$0.21375 per unit for the third quarter of 2013, representing an 8-percent
increase over the prior quarter. The distribution is payable on November 21,
2013, to unitholders of record at the close of business on October 31, 2013.

The Partnerships plan to report their third-quarter 2013 results after the
market closes on Wednesday, November 6, 2013. Management will host a
conference call on Thursday, November 7, 2013, at 11 a.m. CST (12 p.m. EST) to
discuss quarterly results.

The full text of the release announcing the results will be available on the
Partnerships’ website at www.westerngas.com. To access the live audio webcast
of the conference call, please visit the investor relations section of the
website. To participate via telephone, please dial 877.621.4819 and enter
participant code 75029606. Please call in 10 minutes prior to the scheduled
start time. A replay of the call will be available on the website for two
weeks following the conference call.

Western Gas Partners, LP is a growth-oriented Delaware master limited
partnership formed by Anadarko Petroleum Corporation (NYSE: APC) to own,
operate, acquire and develop midstream energy assets. With midstream assets in
East, West and South Texas, the Rocky Mountains, North-Central Pennsylvania
and the Mid-Continent, the Partnership is engaged in the business of
gathering, processing, compressing, treating, and transporting natural gas,
condensate, natural gas liquids and crude oil for Anadarko, as well as for
third-party producers and customers.

Western Gas Equity Partners, LP is a Delaware master limited partnership
formed by Anadarko Petroleum Corporation to own WES’s general partner and a
substantial limited partner interest in WES, including all of WES’s incentive
distribution rights.

For more information please visit www.westerngas.com.

Note to Non-United States Investors: This release is intended to be a
qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and
nominees should treat one hundred percent (100.0%) of Western Gas Partners,
LP's and Western Gas Equity Partners, LP’s distributions to foreign investors
as being attributable to income that is effectively connected with a United
States trade or business. Accordingly, Western Gas Partners, LP's and Western
Gas Equity Partners, LP’s distributions to foreign investors are subject to
federal income tax withholding at the highest applicable effective tax rate.

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Contact:

WESTERN GAS PARTNERS, LP and WESTERN GAS EQUITY PARTNERS, LP
Benjamin Fink, CFA
SVP, Chief Financial Officer and Treasurer
benjamin.fink@westerngas.com
832.636.6010
 
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