Wind River Pipeline Project: Volume Variations & Ownership Structure Insights
The Wind River Pipeline Project outlines the dynamic changes in volume per Schedule II tied to Gathering Agreements. Ownership interests include WR-C LLC with 100% in ENE, while PIMCO holds 97%. Key stakeholders like WR-B LLC in the ENA Trust possess a 99.99% ownership, with minor stakes held by others. The project details notable financial structures involving calculation agents ECT-WR LLC and BRTI. Specific gas gathering capacities and fee arrangements are delineated, reflecting market strategies and collaboration with banks like Barclays for administrative support.
Wind River Pipeline Project: Volume Variations & Ownership Structure Insights
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Presentation Transcript
Wind River Pipeline Project *Volumes will vary per Schedule II to Gathering Agmts. WR-C LLC ENE FMV Put Option 100% Ownership TRS PIMCO 97% WR-B LLC ENA Trust 99.99% B ownership 0.01% A ownership 3% RADR 99.99% B ownership ML WR-Z LLC 0.01% A ownership Calculation Agent ECT-WR LLC BRTI $4.1 MM 35% $7.7 MM 65% 96.25 MMcf/d @ $0.14* ECT Liens Barclays Bank (Admin Agent) Lost Creek Gas Gathering $66mm BRTI 178.75 MMcf/d @ $0.14* Fees and Construction Funds Fee Admin Agent Merrick & Co. ECT-WR LLC Construction