Rangeland Energy, LLC

Rangeland Energy is targeting development and acquisition opportunities in the emerging Bakken oil-shale play in North Dakota and Montana and the more traditional crude oil producing areas of the Rockies and the Gulf Coast, striving to become the first choice of small and medium-size producers for midstream solutions. Rangeland Energy's management team has a strong track record of developing, constructing, acquiring, operating, optimizing and expanding both greenfield and existing crude oil, refined products and associated natural gas midstream assets. Consistent with management’s past business success, Rangeland’s growth strategy centers around building primarily a crude oil and refined products midstream business with a lesser focus on associated natural gas opportunities.

The company's current operations are focused on the Bakken shale play in North Dakota where Rangeland is developing the COLT Hub, North Dakota's first open-access crude oil terminal. The COLT Hub will aggregate crude oil produced in Williams and McKenzie Counties by pipeline and truck; provide crude oil handling, blending and storage services through on-site tankage; and provide access to multiple downstream crude oil markets through pipeline and unit train loading capabilities. Initial takeaway capacity at the COLT Hub will be more than 100,000 barrels per day with 360,000 barrels of working capacity tankage (three 120 MBbl tanks), space for additional tanks (120 MBbl or larger) and eight truck bays. The COLT Connector is a 21-mile, bi-directional, 10-inch crude oil transmission pipeline, also in Williams County. This proposed pipeline will have an initial capacity of 40,000 b/d and will connect the COLT Hub to a point of interconnect with multiple existing and planned crude oil pipelines at Beaver Lodge, eight miles south of Tioga, North Dakota, including interconnects to the Tesoro and Enbridge pipeline systems.

Rangeland will also pursue crude oil logistics opportunities, leveraging its extensive experience and expertise to pursue opportunities in the refined products arena. Complementary to Rangeland’s crude oil gathering strategy in areas of growing crude oil production there also exists the need for additional refined products facilities. Rangeland will target acquisition and development opportunities to provide transportation, storage and terminal services for refined petroleum products.

• Christopher W. Keene, President & CEO
• Art Vivar, Executive Vice President & Chief Financial Officer
• Steve Broker, Executive Vice President & Chief Operating Officer