Great Salt Plains Midstream Acquires Thunderbird Midstream Assets in Oklahoma STACK Play

Great Salt Plains Midstream Holdings, LLC (“GSPM”) recently closed on
its acquisition of Thunderbird Midstream LLC. Both firms have
headquarters in Oklahoma City.

The acquired assets include the Thunderbird Midstream cryogenic natural
gas plant with 20 million cubic feet of natural gas per day (MMcf/d)
processing capacity. The plant began operations in 2016 and is located
on more than 40 acres to allow for expansion to meet increased demand.
The Thunderbird assets provide immediate processing capacity with
additional firm market outlets for residue and natural gas liquids
(“NGLs”).

The transaction includes a 34 mile natural gas pipeline gathering
system. The acquisition continues the buildout of GSPM’s infrastructure
in the prolific STACK play of northwestern Oklahoma.

“We are adding to our system to serve multiple producers in the
northwest portion of the STACK,” said Rusty Rains, CEO of GSPM. “We are
now offering immediate natural gas processing services. The additional
gathering pipeline from Thunderbird extends our system west into Major
County, providing producers with low pressure gathering and additional
residue market optionality.”

GSPM also has a state-of-the-art cryogenic processing facility under
construction in Major County, Oklahoma, called the Silver Lake Plant,
which will have an initial capacity to process up to 70 MMcf/d, with
expansion capacity of up to 220 MMcf/d. Additionally, GSPM is
constructing over 90 miles of natural gas gathering pipelines and
multiple compressor stations and expects the new facilities to be in
service in July 2018.

About Great Salt Plains Midstream

Great Salt Plains Midstream (“GSPM”) is a joint venture providing
midstream services to producers in the STACK play. GSPM’s natural gas
system includes a cryogenic gas plant with 20 MMcf/d processing
capacity, a 70 MMcf/d cryogenic gas plant expected to be in service in
July 2018, multiple compressor stations, and over 120 miles of natural
gas gathering pipelines. Its crude oil system includes over 130 miles of
crude oil pipelines, 4 injection stations (near the towns of Perry,
Covington, Hennessey and Cherokee, Oklahoma), and 314,000 barrels of
total storage which provide gathering and transportation services from
northwest Oklahoma to several important markets, including Cushing,
Okla. More information about GSPM and its services is available at www.GreatSaltPlainsMidstream.com.

About MVP Holdings

MVP Holdings is a privately-owned energy logistics company,
headquartered in Wichita, Kansas. MVP Holdings and its subsidiaries MV
Purchasing, LLC, MV Pipelines, LLC and MVP Midstream, LLC, provide
gathering, transportation, processing, storage, distribution, marketing,
and other midstream services to independent crude oil and natural gas
producers, refiners of petroleum products, and other market participants
located throughout the United States. More information about MVP
Holdings and its subsidiaries is available at www.MVPurchasing.com.

About Energy Spectrum Capital

Energy Spectrum Capital ("ESC"), headquartered in Dallas, Texas, was
founded in 1995 to manage private equity funds that make direct
investments in lower-middle-market companies that acquire, develop and
operate North American midstream energy assets. As an established
private equity fund manager dedicated to the midstream energy industry,
ESC is a valuable partner to premier management teams that are pursuing
compelling opportunities in the midstream sector of the North American
oil and gas industry. This investment was made from Energy Spectrum
Partners VII LP, a $1.225 billion fund. More information about ESC is
available at www.EnergySpectrum.com.

About Apollo Global Management, LLC

Apollo is a leading global alternative investment manager with offices
in New York, Los Angeles, Houston, Chicago, Bethesda, Toronto, London,
Frankfurt, Madrid, Luxembourg, Mumbai, Delhi, Singapore, Hong Kong and
Shanghai. Apollo had assets under management of approximately $249
billion as of December 31, 2017 in private equity, credit and real
estate funds invested across a core group of nine industries where
Apollo has considerable knowledge and resources.

Legal Advisers: Paul Hastings LLP served as legal counsel to Great Salt
Plains Midstream

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