Medallion Extends Binding Open Season for Wolfcamp Connector and Reagan County Extension

Irving, Texas, November 26, 2013 — Medallion Pipeline Company, LLC (“Medallion”), a subsidiary of Medallion Midstream LLC, today announced that it will extend the present November 27, 2013 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.  As previously announced, the binding open season for the Wolfcamp Connector and the Reagan County Extension commenced on October 29, 2013.  Based on promising discussions with certain prospective shippers, Medallion has decided to extend the binding open season until December 18, 2013.  Accordingly, binding bids for long-term capacity must be submitted to the Medallion representative listed below by 5:00 pm Central Standard Time on or before December 18, 2013.  The binding open season remains unmodified in all other respects.