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04/18/17 5:52 PM

#32 RE: Timothy Smith #31

Plains All American announces open season for Permian Basin Pipeline

Plains All American (NYSE:PAA) announces an open season for committed crude oil pipeline capacity from the Permian Basin to the Cushing, Okla., storage hub.

The open season has the potential to add as many as 350K bbl/day of Permian Basin Pipeline takeaway capacity.

Subject to sufficient commitments from shippers and receipt of any necessary permits and regulatory approvals, PAA says the pipeline could be operational in mid-2019.