Western Gas Equity Partners Announces Pricing of Common Unit Offering by Subsidiary of Anadarko

Western Gas Equity Partners Announces Pricing of Common Unit Offering by 
Subsidiary of Anadarko 
HOUSTON, TX -- (Marketwired) -- 07/01/14 --  Western Gas Equity
Partners, LP (NYSE: WGP) (the "Partnership") today announced that
Western Gas Resources, Inc. ("Western Gas Resources"), a subsidiary
of Anadarko Petroleum Corporation, priced a previously announced
underwritten offering of 5,000,000 common units representing limited
partner interests. The common units were offered to the public at
$60.19 per unit. Western Gas Resources will receive all of the net
proceeds from such offering. Western Gas Resources has granted the
underwriters a 30-day option to purchase up to 750,000 additional
common units. The offering is expected to settle and close on July 7,
2014, subject to customary closing conditions.  
Wells Fargo Securities, LLC, Citigroup Global Markets Inc., Goldman,
Sachs & Co., Morgan Stanley & Co. LLC, Barclays Capital Inc., UBS
Securities LLC, Credit Suisse Securities (USA) LLC, Deutsche Bank
Securities Inc. and RBC Capital Markets, LLC are acting as joint
book-running managers of the offering. The offering will be made by
Western Gas Resources only by means of a prospectus and related
prospectus supplement, copies of which may be obtained from Wells
Fargo Securities, 375 Park Avenue, New York, New York 10152,
Attention: Equity Syndicate Department, or by calling (800) 326-5897,
or by emailing cmclientsupport@wellsfargo.com; Citigroup, c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY
11717, or by calling (800) 831-9146, or by emailing at
prospectus@citi.com; Goldman, Sachs & Co., 200 West Street, New York,
New York 10282, Attention: Prospectus Department, or by calling (866)
471-2526 or by emailing prospectus-ny@ny.email.gs.com; Morgan
Stanley, 180 Varick Street, 2nd Floor, New York, New York 10014,
Attention: Prospectus Department; Barclays, c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by
calling (888) 603-5847, or by emailing
Barclaysprospectus@broadridge.com; UBS Investment Bank, 299 Park
Avenue, New York, New York 10171, Attn: Prospectus Department or by
calling (888) 827-7275; Credit Suisse, One Madison Avenue, New York,
NY 10010, Attention: Prospectus Department, or by calling (800)
221-1037, or by emailing newyork.prospectus@credit-suisse.com;
Deutsche Bank Securities, Attn: Prospectus Group, 60 Wall Street, New
York, NY 10005-2836, or by calling (800) 503-4611, or by emailing
prospectus.CPDG@db.com; and RBC Capital Markets, 3 World Financial
Center, 200 Vesey Street, 8th Floor, New York, New York 10281,
Attention: Equity Syndicate, or by calling (877) 822-4089. An
electronic copy of the prospectus and prospectus supplement is
available from the U.S. Securities and Exchange Commission's website
at http://www.sec.gov. 
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy nor shall there be any offer or sale
of these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of such state or
jurisdiction. The offer is being made only through the prospectus as
supplemented, which is part of a shelf registration statement that
became effective on January 15, 2014.  
This news release contains forward-looking statements. Western Gas
Equity Partners and its general partner believe that their
expectations are based on reasonable assumptions. No assurance,
however, can be given that such expectations will prove to have been
correct. A number of factors could cause actual results to differ
materially from the projections, anticipated results or other
expectations expressed in this news release, including risks and
uncertainties associated with market conditions and the satisfaction
of customary closing conditions related to the offering. See "Risk
Factors" in Western Gas Equity Partners' Annual Report on Form 10-K
for the year ended December 31, 2013 and other public filings and
press releases. Western Gas Equity Partners undertakes no obligation
to publicly update or revise any forward-looking statements.  
Western Gas Equity Partners, LP Contact
Benjamin Fink, CFA 
SVP, Chief Financial Officer and Treasurer
benjamin.fink@westerngas.com
832.636.6010 
 
 
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