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December 31, 2013
13:01 EDTEROC, PSXEagle Rock Energy in raw product purchase/sale pact with Phillips 66
In a regulatory filing from last night, Eagle Rock Energy Partners (EROC) disclosed that on December 23, Eagle Rock Field Services, a wholly-owned subsidiary of Eagle Rock Energy Partners, entered into a Raw Product Purchase and Sale Agreement with Phillips 66 (PSX). Pursuant to the Agreement, commencing on January 1 and continuing for a multi-year period, Seller has agreed to deliver and sell, and Buyer has agreed to receive and purchase, monthly quantities of natural gas liquids within a defined range at Sellerís Sunray Gas Plant. The price paid to Seller for such natural gas liquids will be determined by reference to an agreed upon index, less agreed upon gathering, transportation and fractionation fees and any potentially applicable deficiency fee. The natural gas liquids deliverable by Seller shall be subject to certain defined quality specifications. Shares of Eagle Rock Energy Partners are higher by approximately 2.5% in midday trading.
News For EROC;PSX From The Last 14 Days
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April 15, 2014
10:00 EDTPSXOn The Fly: Analyst Downgrade Summary
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08:50 EDTPSXPhillips 66 downgraded to Accumulate from Buy at Tudor Pickering
April 13, 2014
19:44 EDTPSXPhillips 66 halts sale efforts for Irish refinery, Independent says
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April 8, 2014
08:22 EDTPSXPhillips 66 to host analyst meeting
Analyst meeting to be held in New York on April 10 at 2:30 pm. Webcast Link

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