Cardinal Midstream, LLC

8150 North Central Expressway,
Suite 875
Dallas, Texas 75206
214.468.0700 Office
214.468.0701 Fax
www.cardinalmidstream.com

Headquartered in Dallas, Cardinal Midstream provides oil and gas producers with a complete array of midstream services including natural gas gathering, transportation, processing and treating.

Cardinal’s growth strategy centers on building a full-service midstream business through acquisition and grassroots development projects. The company was founded in 2008 by Mack Lawrence, Jim Bryant, Doug Dormer and Marc Lyons. In November 2010, Cardinal acquired Antero Resources Midstream Corporation (ARMC) and all of its assets for $268 million. ARMC's assets are located in the eastern Oklahoma Arkoma Woodford shale play and consist of gathering lines, compression and amine plant for CO2 removal and a 60% interest in two cryogenic processing facilities with a total capacity of 100 mmcf/d.

Cardinal Gas Treating, LLC, a wholly-owned subsidiary of Cardinal Midstream, currently owns a diverse fleet of amine treating and propane refrigeration plants with operations in the Haynesville, Eagle Ford and Woodford shale plays in Texas and Oklahoma as well as the Granite Wash, an emerging tight sands play in northern Texas and western Oklahoma.  Management believes developing a gas treating business provides cash flow with attractive economic metrics complements the company’s business strategy by providing an entrée into developing shale plays and associated potential projects. Cardinal’s management successfully founded, developed, operated and monetized three start-up treating businesses from 1997 to 2006 and is excited to be back in the treating business.

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