MarkWest Mobley plant update

http://www.sec.gov/Archives/edgar/data/1335190/000133519013000037/m...

On September 27, 2013, MarkWest issued a press release providing the following information relating to the shut-down of the Mobley Processing Facilities: (i) in August 2013, a landslide, which originated from significant erosion and run-off from heavy rainfall, occurred in a remote area of northern Wetzel County, West Virginia, which impacted a MarkWest natural gas liquids pipeline, causing a line break; (ii) MarkWest shut down the pipeline and immediately commenced repairs and remediation of the impacted portions of the pipeline; (iii) repairs and remediation to the impacted portions of the pipeline are currently underway, and MarkWest is diligently working to complete the remedial work and return the pipeline to service; and (iv) the pipeline and the Mobley Processing Facilities will remain shut down until the pipeline remedial work is completed, which MarkWest expects to be approximately mid-October 2013.
 
As a result of the temporary shut-down of the Mobley Processing Facilities, the Eureka Hunter Gas Gathering System’s natural gas throughput volumes (on an mcf per day basis) to the Mobley Processing Facilities have been reduced by approximately 75%. Currently, the natural gas volumes that are delivered by the Eureka Hunter Gas Gathering System to the Mobley Processing Facilities are being bypassed around the facilities (and therefore are not being processed) for sale in the interstate market. Eureka Hunter is also redirecting some of the natural gas volumes gathered through the Eureka Hunter Gas Gathering System that would have been delivered to the Mobley Processing Facilities (and therefore are not being processed) to another interstate sales outlet. The shut-down of the Mobley Processing Facilities has also resulted in the temporary shut-in by Triad Hunter of approximately 20,000 mcfe per day of natural gas production from its Marcellus Shale acreage. The Company expects all the foregoing described effects of the shut-down to continue until the Mobley Processing Facilities are back on-line, which, as stated above, is currently expected to be mid-October 2013.

 

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