Targa Resources, Inc. and Targa Resources Partners LP Post Updated Investor Presentation...
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Targa Resources, Inc. and Targa Resources Partners LP Post Updated Investor
Presentation to Web
HOUSTON, March 24, 2009 (GLOBE NEWSWIRE) -- Targa Resources, Inc. ("Targa" or
the "Company") and Targa Resources Partners LP (Nasdaq:NGLS) ("Targa Resources
Partners" or the "Partnership") announced today that they have posted an updated
investor presentation to the Investors section of their website. Investors can
download the presentation at http://ir.targaresources.com/events.cfm under
"Events & Presentations".
For more information, visit www.targaresources.com.
About Targa
Targa is a leading provider of midstream natural gas and natural gas liquid, or
NGL, services in the United States, through an integrated platform of midstream
assets. Our gathering and processing assets are located primarily in the Permian
Basin in West Texas and Southeast New Mexico and the Louisiana Gulf Coast
primarily accessing the offshore region of Louisiana. Additionally, our natural
gas liquids logistics and marketing assets are located primarily at Mont Belvieu
and Galena Park near Houston, Texas and in Lake Charles, Louisiana with
terminals and transportation assets across the United States.
About Targa Resources Partners
Targa Resources Partners was formed by Targa to engage in the business of
gathering, compressing, treating, processing and selling natural gas and
fractionating and selling natural gas liquids and natural gas liquids products.
Targa Resources Partners owns an extensive network of integrated gathering
pipelines, seven natural gas processing plants and two fractionators and
currently operates in Southwest Louisiana, the Permian Basin in West Texas and
the Fort Worth Basin in North Texas. A subsidiary of Targa is the general
partner of Targa Resources Partners.
Targa's and Targa Resources Partners' principal executive offices are located at
1000 Louisiana, Suite 4300, Houston, Texas 77002 and their telephone number is
713-584-1000.
Forward-Looking Statements
Certain statements in the presentation are "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. All statements,
other than statements of historical facts, included in the presentation that
address activities, events or developments that Targa or the Partnership expect,
believe or anticipate will or may occur in the future are forward-looking
statements. These forward-looking statements rely on a number of assumptions
concerning future events and are subject to a number of uncertainties, factors
and risks, many of which are outside Targa's and Targa Resources Partners'
control, which could cause results to differ materially from those expected by
management. Such risks and uncertainties include, but are not limited to,
weather, political, economic and market conditions, including a decline in the
price and market demand for natural gas and natural gas liquids, the timing and
success of business development efforts; and other uncertainties. These and
other applicable uncertainties, factors and risks are described more fully in
the Company's and the Partnership's Annual Reports on Form 10-K for the year
ended December 31, 2008 and other reports filed with the Securities and Exchange
Commission. Targa and Targa Resources Partners undertake no obligation to update
or revise any forward-looking statement, whether as a result of new information,
future events or otherwise.
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CONTACT: Targa Resources, Inc.
Investor contact:
Anthony Riley, Sr. Manager - Finance / Investor Relations
Matthew Meloy, Vice President - Finance and Treasurer
713-584-1133
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