Attached files

file filename
8-K - PENN VIRGINIA RESOURCE PARTNERS, LP--FORM 8-K - PVR PARTNERS, L. P.d348302d8k.htm
EX-99.1 - INFORMATION REGARDING PENN VIRGINIA RESOURCE PARTNERS, LP - PVR PARTNERS, L. P.d348302dex991.htm
EX-99.5 - PRESS RELEASE - PVR PARTNERS, L. P.d348302dex995.htm
EX-99.3 - PRO FORMA FINANCIAL STATEMENTS - PVR PARTNERS, L. P.d348302dex993.htm
EX-99.4 - HISTORICAL FINANCIAL STATEMENTS OF CHIEF GATHERING LLC - PVR PARTNERS, L. P.d348302dex994.htm

Exhibit 99.2

Summary Historical Financial and Operating Data of Chief Gathering LLC

 

The following table should be read in conjunction with, and is qualified in its entirety by reference to, Chief Gathering LLC’s audited historical financial statements as of and for the years ended December 31, 2011 and 2010 and for the year ended December 31, 2009, and unaudited historical financial statements as of and for the three months ended March 31, 2012, and the accompanying notes, which are included as Exhibit 99.4 to this Current Report:

 

 

     Historical  
     Three Months Ended
March 31,
    Year Ended
December 31,
 
         2012             2011             2011             2010             2009      
     (in thousands, except ratios, operations data and per unit data)  

Statement of Operations Data:

          

Revenues

          

Natural gas midstream

   $ 9,135      $ 5,195      $ 22,406      $ 10,156      $ 1,719   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total revenues

     9,135        5,195        22,406        10,156        1,719   

Expenses

          

Operating

     978        750        3,611        2,831        1,305   

General and administrative

     1,243        979        4,820        4,049        2,872   

Depreciation and amortization

     2,656        1,378        7,756        2,747        1,198   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total operating expenses

     4,877        3,107        16,187        9,627        5,375   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Operating income (loss)

     4,258        2,088        6,219        529        (3,656

Other income (expense)

          

Interest expense

     (400     (116     (512     (297     —     

Other

     4        —          6        (21     —     
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss)

   $ 3,862      $ 1,972      $ 5,713      $ 211      $ (3,656
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance Sheet (at period end):

          

Net property, plant and equipment

   $ 324,988        $ 277,191      $ 181,773      $ 62,179   

Total assets

     330,790          282,269        183,614        63,143   

Total liabilities

     326,490          281,830        188,889        68,629   

Total debt

     325,201          279,482        150,000        —     

Total member’s capital

     4,300          439        (5,275     (5,486

Operating Data:

          

System throughput volumes (MMcfd)

     218        105        125        50        7   

Gross processing margin ($/Mcf)

   $ 0.46      $ 0.55      $ 0.49      $ 0.56      $ 0.66