More Takeaway for the DJ Basin

Outrigger Energy II LLC (“Outrigger”) announced today that it has
commenced development of a tri-stream midstream system in Weld County,
Colorado. Outrigger’s system will include wellhead natural gas
gathering, a 60 MMCFD cryogenic processing plant, field compressor
stations, crude oil gathering, and produced water gathering. Outrigger
will construct, own and operate the system which is anchored by
long-term acreage dedications from Mallard Exploration. Outrigger is
also in advanced discussions with several other area producers and has
formulated plans to expand the initial system.

Outrigger has purchased a new cryogenic plant and has begun the
permitting process with Weld County and the state of Colorado which will
allow the system to be in service by early 2019. The processing plant
will deliver residue gas to Cheyenne Plains Pipeline, a 36-inch diameter
line that offers abundant access to both the Cheyenne Hub and to
Mid-Continent markets, providing price and delivery advantages over
other pipeline choices. NGLs will be delivered to the Overland Pass
Pipeline operated by the Williams Companies and co-owned by ONEOK, Inc.
Multiple outlet opportunities exist for crude oil delivery, including
Tallgrass’ Pony Express Pipeline system and NGL Energy’s Grand Mesa
Pipeline system.

Dave Keanini, CEO, stated, “The DJ Basin continues to be one of the most
prolific oil and gas resource basins in the country and members of the
Outrigger team have spent significant time building and operating
midstream systems here in the past. We couldn’t be more excited to
return to the basin and provide a reliable, long-term midstream solution
for area producers.”

About Outrigger Energy II

Outrigger Energy II is a private, full service midstream energy company
specializing in greenfield project development with a current focus in
liquid-rich natural gas and crude oil basins in the Rockies, Permian,
and Mid-Continent areas. For more information, please visit www.outriggerenergy.com.

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