HOUSTON, April 30, 2012 (GLOBE NEWSWIRE) -- Eagle Rock Energy Partners, L.P. (the "Partnership") (Nasdaq:EROC) reported the following updates to its earlier press release regarding an incident at its Phoenix- Arrington Ranch processing facility in the Texas Panhandle:
The Partnership is continuing its investigation of the incident and will provide further updates, including an estimated timeframe to return the facility to service, when available. Eagle Rock will also provide estimates of the financial impact when available. Prior to the incident, the Phoenix-Arrington Ranch facility generated approximately $3 million per month in gross margin.
About the Partnership
The Partnership is a growth-oriented master limited partnership engaged in two businesses: a) midstream, which includes (i) gathering, compressing, treating, processing and transporting natural gas; (ii) fractionating and transporting natural gas liquids; and (iii) marketing natural gas, condensate and NGLs; and b) upstream, which includes exploiting, developing, and producing hydrocarbons in oil and natural gas properties.
CONTACT: Jeff Wood, 281-408-1203 Senior Vice President and Chief Financial Officer Adam Altsuler, 281-408-1350 Director, Corporate Finance and Investor Relations