SemCAMS Announces New Duvernay Gathering Pipeline to the Kaybob Amalgamated ("KA") Gas Plant CALGARY, Alberta, Dec. 18, 2013 (GLOBE NEWSWIRE) -- SemCAMS, a subsidiary of SemGroup® Corporation (NYSE:SEMG), today announced that it will extend its capture area into the Duvernay region through the construction of the low sour gas gathering line, to be named the "KA North" pipeline, from 7-14-63-20 W5M to the KA plant. The project also includes the construction of a new inlet separator at the KA plant. The total estimated cost of these initiatives is expected to be approximately $18 million (Cdn). The KA North pipeline is underpinned by a fee-for-service natural gas gathering and processing agreement with Shell Canada ("Shell"). SemCAMS will own 60 percent of the KA North pipeline which is expected to be in service by June 2014, pending regulatory approvals and delivery of long lead items on a timely basis. The KA North pipeline consists of a 16 kilometer, 10 inch sour gas gathering pipeline with 125 mmcf/d of capacity. SemCAMS will operate the pipeline, which will be able to serve other customers in the area. The KA plant is located in the heart of the Duvernay region, where producers are actively drilling for liquids-rich gas. By extending its reach targeting the Duvernay formation in the Kaybob Area, SemCAMS hopes to attract incremental volumes to the KA plant where there is available processing capacity and an additional 11,000 bbls per day of condensate stabilization capacity that could be restarted. "We are excited about this opportunity to extend the capture area and increase our inlet hydrocarbon liquids handling capacity at the KA gas plant to meet the needs of our customers. The KA North pipeline and inlet separator projects are consistent with our goal of re-tooling the existing infrastructure to capture incremental liquids-rich gas in the Duvernay area," says Dave Williams, SemCAMS' General Manager. About SemCAMS SemCAMS U.L.C., a subsidiary of SemGroup® Corporation (NYSE:SEMG), is a gathering and processing business which provides midstream solutions for natural gas producers in Western Canada. SemCAMS is one of Alberta's largest licensed sour gas processors with facilities located near Whitecourt and Fox Creek. The company also operates two sweet gas processing facilities in this region. SemCAMS is based in Calgary, Alberta, Canada. For more information, visit www.semcams.com. About SemGroup Based in Tulsa, Oklahoma, SemGroup® Corporation (NYSE:SEMG) is a publicly traded midstream service company providing the energy industry the means to move products from the wellhead to the wholesale marketplace. SemGroup provides diversified services for end users and consumers of crude oil, natural gas, natural gas liquids, refined products and asphalt. Services include purchasing, selling, processing, transporting, terminalling and storing energy. Forward-Looking Statements Certain matters contained in this Press Release include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We make these forward-looking statements in reliance on the safe harbor protections provided under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included in this Press Release may constitute forward-looking statements. Although we believe that the expectations reflected in these forward-looking statements are reasonable, we cannot assure you that these expectations will prove to be correct. These forward-looking statements are subject to certain known and unknown risks and uncertainties, as well as assumptions that could cause actual results to differ materially from those reflected in these forward-looking statements. Factors that might cause actual results to differ include the risk factors discussed from time to time in each of our documents and reports filed with the SEC. Readers are cautioned not to place undue reliance on any forward-looking statements contained in this Press Release, which reflect management's opinions only as of the date hereof. Except as required by law, we undertake no obligation to revise or publicly release the results of any revision to any forward-looking statements. CONTACT: Investor Relations: Alisa Perkins 918-524-8081 email@example.com Media: Kiley Roberson 918-524-8594 firstname.lastname@example.org SemGroup Corporation logo
SemCAMS Announces New Duvernay Gathering Pipeline to the Kaybob Amalgamated ("KA") Gas Plant
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