Medallion Extends Binding Open Season For Texas-Based Pipelines

March 2014, Vol. 241 No. 3

Medallion Pipeline Company, a subsidiary of Medallion Midstream, LLC, extended its Jan. 22 closing date for the binding open season for its proposed 60-mile crude oil pipeline, the Wolfcamp Connector, as well as for the potential 40-mile southward extension of the proposed pipeline, the Reagan County Extension, until Feb. 3, 2014.

The binding open season, as supplemented on Jan. 24, 2014, remains unmodified in all other respects.

Medallion hopes to receive binding long-term capacity commitments in an aggregate volume sufficient to move forward with the construction of both the Wolfcamp Connector and the modified Reagan County Extension on a schedule that will place the overall system in service during the fourth quarter of 2014.