| By PR Newswire |
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| February 14, 2013 07:01 AM EST |
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HOUSTON, Feb. 14, 2013 /PRNewswire/ -- Copano Energy, L.L.C. (NASDAQ: CPNO) today announced that it will not hold its previously announced fourth quarter and year-end 2012 earnings conference call scheduled for March 1, 2013. The company plans to provide a detailed operations and capital projects update as part of its fourth quarter earnings news release to be distributed after the market closes on Thursday, February 28, 2013.
As previously announced on January 29, 2013, Copano and Kinder Morgan Energy Partners, L.P. (NYSE: KMP) have entered into an agreement pursuant to which KMP will acquire all of Copano's outstanding units in a 100% unit-for-unit transaction valued at approximately $5 billion, including the assumption of debt. The transaction, which is expected to close in the third quarter of 2013, is subject to customary closing conditions, including regulatory approvals and a vote of the Copano unitholders.
Copano Energy, L.L.C. is a midstream natural gas company with operations in Texas, Oklahoma and Wyoming. For more information, please visit http://www.copano.com.
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Contacts:
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Carl A. Luna, SVP and CFO
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Copano Energy, L.L.C.
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713-621-9547
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Jack Lascar / jlascar@dennardlascar.com
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Anne Pearson/ apearson@dennardlascar.com
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Dennard ▪ Lascar Associates, LLC
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713-529-6600
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SOURCE Copano Energy, L.L.C.
