Extensive Asset Footprint in the Liquids-Rich Areas of the Utica and Marcellus Shales Provides a Strong Platform for Growth. All of Blue Racer’s current assets are located in what we believe to be the core of the liquids-rich window in the Utica Shale and certain adjacent areas of the liquids-rich Marcellus Shale. Based on industry data, we believe the Utica and Marcellus Shales offer producers some of the highest returns available in unconventional shale plays. We believe Blue Racer has one of the largest rich gas gathering system in the Utica Shale and can provide producers with immediately available midstream capacity to move their residue natural gas and purity NGL products to market. Our Natrium, Berne and Lewis plants are large enough to accommodate more than 1 Bcf/d in processing capacity as activity in the play expands.

Strong Capital Footing and Financial Flexibility. Blue Racer has historically been funded with asset and equity contributions from Caiman and Dominion. Caiman and Dominion collectively contributed $1.4 billion of equity capital to Blue Racer from December 2012 through October 2014, including $712.6 million of capital from Caiman and midstream assets with a net attributed value of $712.6 million from Dominion. We believe that the availability under Blue Racer’s revolving credit facility, our ability to access debt capital markets and, to the extent approved by both Dominion and Caiman, potential equity contributions from Dominion and Caiman will provide us with the financial flexibility necessary to execute our business strategy through Blue Racer.

Operational Flexibility and Market Access Optionality for Blue Racer’s Customers. Blue Racer’s assets have access to an increasing number of major residue natural gas and purity NGL markets via connections to interstate and intrastate pipelines, as well as truck, rail and barge access. Blue Racer’s connections to these markets allow producers to take advantage of market differentials. We believe Blue Racer’s extensive asset base provides it with a significant advantage over many of its competitors who have only recently begun constructing midstream assets in the Utica Shale and will have to commit extensive amounts of capital to replicate the services Blue Racer currently provides.

High Quality Customer Base. Blue Racer currently has thirteen material customers utilizing its system ranging in size from publicly-traded integrated oil companies to privately-held independent exploration and production companies, as well as a number of smaller customers. Blue Racer’s material customers include several of the most active producers in the Utica and Marcellus Shales, including Ascent, Chesapeake, CONSOL, Eclipse, EdgeMarc, Hess, Jay Bee, Noble, PDC, Rex, TOTAL and UEO, as well as DTI. Since its formation, Blue Racer entered into 13 new contracts with seven of these producers.

Experienced Management Team. Blue Racer’s executive management team, which is responsible for the overall management of Blue Racer, has decades of experience in acquiring, constructing, developing, operating and integrating midstream assets and understands our customers’ needs. Blue Racer’s executive management team has strong relationships with producers and end-users of natural gas and purity NGL products, which we believe will be beneficial in pursuing additional growth opportunities. Blue Racer’s team also includes skilled engineering, construction and operations personnel that have significant experience in designing, constructing and operating midstream energy assets.

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