The following is an excerpt from

http://seekingalpha.com/news-article/2228671-williams-partners-anno...

....Joint Venture to Develop Utica Shale Infrastructure

Williams Partners is also announcing it intends to participate in a new joint venture with Caiman Energy and its investors and management to develop midstream infrastructure in the NGL- and oil-rich areas of the Utica Shale, primarily in Ohio and northwest Pennsylvania.

CEO Perspective

These new assets, anchored by long-term agreements with a diverse set of customers, give us a major presence in the liquids-rich portion of the Marcellus Shale, said Alan Armstrong, chief executive officer of Williams Partners general partner. We expect significant long-term growth potential because the liquids-rich gas makes this area the most economical and top-performing play for producers in North America.

Its also just adjacent to the rich gas and oil-producing portions of the Utica Shale, where were planning on developing new infrastructure with Caiman. Our goal is to be the leading gathering, processing and transportation solution provider for producers in the Marcellus Shale.

Were putting together the kind of infrastructure that makes drilling in the Marcellus even more desirable for producers because we provide large-scale infrastructure solutions that connect producers natural gas and natural gas liquids to the best markets...

...Jack Lafield, president and CEO of Caiman Energy, made the following comments:

Today also marks the beginning of an exciting new alliance with Williams Partners, Lafield said. We're looking forward to working with Williams in the Utica Shale to bring midstream infrastructure to Ohio for producers working in this dynamic and rapidly evolving play.