DCP Midstream Partners, LP is engaged in the business of gathering, compressing, treating, processing, transporting, storing and selling natural gas; transporting, storing and selling propane in wholesale markets, and producing, fractionating, transporting, storing and selling natural gas liquids (NGLs) and condensate. Its operations are organized into three business segments: Natural Gas Services, Wholesale Propane Logistics and NGL Logistics. On July 27, 2010 the Company acquired DCP Midstream, LLC’s 5% interest in Black Lake. On July 30, 2010, the Company acquired the remaining 50% interest in Black Lake from an affiliate of BP PLC, bringing its ownership interest in Black Lake to 100%. On December 30, 2010, the Company acquired all of the interests in Marysville Hydrocarbons Holdings, LLC (Marysville). In January 2011, the Company announced the acquisition of a 33% interest in the DCP Southeast Texas joint venture from the owner of its general partner, DCP Midstream.