Exhibit 99.1
HILAND REPORTS THIRD QUARTER RESULTS
ENID, Okla., Nov. 10 /PRNewswire-FirstCall/ -- The Hiland companies,
Hiland Partners, LP (Nasdaq: HLND) and Hiland Holdings GP, LP (Nasdaq: HPGP)
today reported results for the third quarter of 2006.
Hiland Partners, LP Financial Results
Hiland Partners, LP reported quarterly net income for the three months ended
September 30, 2006 of $3.7 million compared to net income of $2.7 million for
the three months ended September 30, 2005, an increase of 39%. Net income per
limited partner unit-basic for the third quarter of 2006 was $0.33 per unit
compared to net income of $0.38 per unit in the corresponding quarter in 2005.
Weighted average limited partner units outstanding for the three months ended
September 30, 2006 was 9.2 million units compared to 6.8 million units for the
three months ended September 30, 2005. EBITDA (EBITDA is defined as net income
plus interest expense, provisions for income taxes and depreciation,
amortization and accretion expense) for the three months ended September 30,
2006 was $11.8 million compared to $6.3 million for the three months ended
September 30, 2005, an increase of 88%. Total segment margin for the three
months ended September 30, 2006 was $17.7 million compared to $8.6 million for
the three months ended September 30, 2005, an increase of 105%. The increases
are primarily attributable to the inclusion of the results of operations from
the acquisition of Hiland Partners, LLC (the Bakken gathering system) effective
September 1, 2005 and the acquisition of the Kinta Area gathering assets
effective May 1, 2006.
For the nine-month period ended September 30, 2006, Hiland Partners, LP
reported net income of $11.1 million compared to net income of $6.2 million for
the nine months ended September 30, 2005, an increase of 79%. Net income per
limited partner unit-basic for the nine months ended September 30, 2006
increased to $1.07 per unit from net income of $0.82 per unit in the
corresponding period in 2005, an increase of 30%. Weighted average limited
partner units outstanding for the nine months ended September 30, 2006 was 8.9
million units compared to 6.8 million units for the nine months ended September
30, 2005. EBITDA for the nine months ended September 30, 2006 was $30.9 million
compared to $14.2 million for the nine months ended September 30, 2005, an
increase of 117%. Total segment margin for the nine months ended September 30,
2006 was $45.5 million compared to $20.8 million for the nine months ended
September 30, 2005, an increase of 119%. The increases are primarily
attributable to the inclusion of the results of operations from the assets
acquired from Hiland Partners, LLC (the Worland gathering system and compression
assets) as part of our initial public offering on February 15, 2005, the
acquisition of Hiland Partners, LLC (the Bakken gathering system) effective
September 1, 2005 and the acquisition of the Kinta Area gathering assets
effective May 1, 2006.
Our financial results for the quarter ended and nine months ended September
30, 2006 include the acquisition of the membership interests of Hiland Partners,
LLC (the Bakken gathering system) effective on September 1, 2005 and the
acquisition of the Kinta Area gathering assets effective May 1, 2006. The
results of operations for the quarter ended and nine months ended September 30,
2005 include the financial results of Continental Gas, Inc. (our predecessor)
through February 14, 2005 and the results of operations of Hiland Partners, LP
for the period from February 15, 2005, the date Hiland Partners, LP commenced
operations. As a result, our results of operations are not comparable on a
period-to-period basis.
"We are pleased with our third quarter results, which include a full quarter
of operations attributable to our Kinta Area acquisition," said Randy Moeder,
President and Chief Executive Officer. "During 2006, we have steadily increased
our distributions to unitholders while funding various expansion projects,
including our new Badlands and Matli Processing Plants. As we look forward to
next year, we expect to realize the additional cash flows stemming from the
completion of our previously announced expansion projects."
On October 24, 2006, Hiland Partners, LP announced an increase in its cash
distribution for the third quarter of 2006. The declared quarterly distributions
on Hiland Partners, LP's common and subordinated units increased to $0.70 per
unit (an annualized rate of $2.80 per unit) from $0.675 per unit (an annualized
rate of $2.70 per unit) for the second quarter of 2006. This distribution will
be payable on November 14, 2006 to unitholders of record on November 6, 2006.
Hiland Holdings GP, LP Financial Results
Hiland Holdings GP, LP reported quarterly net income of $131 thousand ($0.01
per limited partner unit-basic) for the six-day period from September 25, 2006,
inception of operations, to September 30, 2006. Hiland Holdings GP, LP commenced
operations September 25, 2006 upon successful completion of its initial public
offering and the concurrent contribution of certain interests from its
predecessor entity and its contributing parties.
Hiland Holdings GP, LP, including its predecessor, Hiland Partners GP, LLC,
reported a net loss of $24 thousand for the third quarter of 2006, compared to
net income of $46 thousand for the comparable period in 2005. Net income before
minority interest was $2.7 million in the third quarter of 2006 and $2.7 million
in the third quarter of 2005. Hiland Holdings GP, LP reported net income of $538
thousand for the nine months ended September 30, 2006, compared to net income of
$569 thousand for the comparable period in 2005. Net income before minority
interest was $9.5 million for the nine months ended September 30, 2006 compared
to $6.1 million for the nine months ended September 30, 2005.
Hiland Holdings GP, LP's share of distributions, including distributions on
its 5,381,471 limited partner units, its two percent general partner interest,
and the incentive distributions rights, was approximately $4.6 million for the
third quarter. Of this amount, approximately $4.3 million relates to periods
prior to the closing of the initial public offering and will be distributed
entirely to the contributing parties. On October 24, 2006, Hiland Holdings GP,
LP, announced its initial cash distribution for the third quarter of 2006. The
declared quarterly distributions on the Partnership's units will be $0.2025 per
unit (an annualized rate of $0.81 per unit). The distribution will be prorated
for the portion of the third quarter Hiland Holdings GP, LP was a public
company, which equates to $0.0132 per unit or approximately $0.3 million, and is
expected to be paid on or about February 19, 2007 to Unitholders of record on or
about February 5, 2007.
Conference Call Information
Hiland has scheduled a conference call for 10:00 am Central Time, Monday,
November 13, 2006, to discuss the 2006 third quarter results. To participate in
the call, dial 1.888.396.2298 and participant passcode 92002423, or access it
live over the Internet at http://www.hilandpartners.com , on the "investor
relations" section of the Partnership's website.
Use of Non-GAAP Financial Measures
This press release and the accompanying schedules include the non- generally
accepted accounting principles ("non-GAAP") financial measures of EBITDA and
total segment margin. The accompanying schedules provide reconciliations of
these non-GAAP financial measures to their most directly comparable financial
measure calculated and presented in accordance with accounting principles
generally accepted in the United States of America ("GAAP"). Our non-GAAP
financial measures should not be considered as alternatives to GAAP measures
such as net income, operating income or any other GAAP measure of liquidity or
financial performance.
About the Hiland Companies
Hiland Partners, LP is a publicly traded midstream energy partnership
engaged in gathering, compressing, dehydrating, treating, processing and
marketing natural gas, and fractionating, or separating, natural gas liquids, or
NGLs. The Partnership also provides air compression and water injection services
for use in oil and gas secondary recovery operations. The Partnership's
operations are primarily located in the Mid-Continent and Rocky Mountain regions
of the United States. Hiland Partners, LP's midstream assets consist of thirteen
natural gas gathering systems with approximately 1,800 miles of gathering
pipelines, five natural gas processing plants, three natural gas treating
facilities and three NGL fractionation facilities. The Partnership's compression
assets consist of two air compression facilities and a water injection plant.
Hiland Holdings GP, LP owns the two percent general partner interest, a 57
percent limited partner interest, and the incentive distribution rights of
Hiland Partners, LP.
This press release may include certain statements concerning expectations
for the future that are forward-looking statements. Such forward-looking
statements are subject to a variety of known and unknown risks, uncertainties,
and other factors that are difficult to predict and many of which are beyond
management's control. An extensive list of factors that can affect future
results are discussed in the Partnership's Annual Report on Form 10-K and other
documents filed from time to time with the Securities and Exchange Commission.
The Partnership undertakes no obligation to update or revise any forward-looking
statements to reflect new information or events.
- tables to follow -
Other Financial and Operating Data
HLND - Results of Operations
Set forth in the table below is financial and operating data for Hiland
Partners, LP and Continental Gas, Inc. (predecessor) for the periods indicated.
Three Months Ended
September 30,
--------------------------
2006 2005
----------- -----------
(unaudited, in thousands)
Total Segment Margin Data:
Midstream revenues $ 56,062 $ 40,720
Midstream purchases 39,609 33,313
----------- -----------
Midstream segment margin 16,453 7,407
Compression revenues (A) 1,205 1,205
----------- -----------
Total segment margin (B) $ 17,658 $ 8,612
=========== ===========
Summary of Operations Data:
Midstream revenues $ 56,062 $ 40,720
Compression revenues 1,205 1,205
----------- -----------
Total revenues 57,267 41,925
Operating cost and expenses
Midstream purchases (exclusive of items
shown separately below) 39,609 33,313
Operations and maintenance 4,569 1,897
Depreciation, amortization and accretion 6,175 2,912
General and administrative 1,375 521
----------- -----------
Total operating costs and expenses 51,728 38,643
----------- -----------
Operating income 5,539 3,282
Other income (expense) (1,801) (598)
----------- -----------
Net income 3,738 2,684
Add:
Depreciation, amortization and accretion 6,175 2,912
Amortization of deferred loan costs 86 83
Interest expense 1,783 585
----------- -----------
EBITDA (C) $ 11,782 $ 6,264
=========== ===========
Non-cash (gain) loss on derivative transactions $ 31 $ ---
Non-cash compensation expense $ 120 $ ---
Maintenance capital expenditures $ 997 $ 665
Expansion capital expenditures 13,333 65,364
----------- -----------
Total capital expenditures $ 14,330 $ 66,029
=========== ===========
Operating Data:
Natural gas sales (MMBTU/d) 69,563 46,815
NGL sales (Bbls/d) 3,239 1,911
Natural gas gathered (MMBtu/d) (D) 129,168 ---
Nine Months Ended September 30,
-------------------------------------------------------------
2005
---------------------------------------------
Continental
Hiland Gas, Inc.
Partners, (Predecessor)
2006 LP (E) (F) Total (G)
------------- ------------- ------------- -------------
(unaudited, in thousands)
Total Segment Margin Data:
Midstream revenues $ 159,800 $ 83,481 $ 11,813 $ 95,294
Midstream purchases 117,965 67,801 9,747 77,548
------------- ------------- ------------- -------------
Midstream segment margin 41,835 15,680 2,066 17,746
Compression revenues (A) 3,615 3,012 --- 3,012
------------- ------------- ------------- -------------
Total segment margin (B) $ 45,450 $ 18,692 $ 2,066 $ 20,758
============= ============= ============= =============
Summary of Operations Data:
Midstream revenues $ 159,800 $ 83,481 $ 11,813 $ 95,294
Compression revenues 3,615 3,012 --- 3,012
------------- ------------- ------------- -------------
Total revenues 163,415 86,493 11,813 98,306
Operating cost and expenses
Midstream purchases
(exclusive of items
shown separately below) 117,965 67,801 9,747 77,548
Operations and maintenance 11,140 4,303 780 5,083
Depreciation, amortization
and accretion 15,811 6,412 512 6,924
General and administrative 3,653 1,373 166 1,539
------------- ------------- ------------- -------------
Total operating costs
and expenses 148,569 79,889 11,205 91,094
------------- ------------- ------------- -------------
Operating income 14,846 6,604 608 7,212
Other income (expense) (3,740) (899) (115) (1,014)
------------- ------------- ------------- -------------
Net income 11,106 5,705 493 6,198
Add:
Depreciation, amortization
and accretion 15,811 6,412 512 6,924
Amortization of deferred
loan costs 319 347 13 360
Interest expense 3,643 658 108 766
------------- ------------- ------------- -------------
EBITDA (C) $ 30,879 $ 13,122 $ 1,126 $ 14,248
============= ============= ============= =============
Non-cash (gain) loss
on derivative transactions $ (133) $ --- $ --- $ ---
Non-cash compensation expense $ 338 $ --- $ --- $ ---
Maintenance capital expenditures $ 2,712 $ 1,225 $ 237 $ 1,462
Expansion capital expenditures 141,677 65,867 --- 65,867
------------- ------------- ------------- -------------
Total capital expenditures $ 144,389 $ 67,092 $ 237 $ 67,329
============= ============= ============= =============
Operating Data:
Natural gas sales (MMBTU/d) 64,796 44,226 37,052 43,044
NGL sales (Bbls/d) 3,256 1,631 1,206 1,561
Natural gas gathered
(MMBtu/d) (D) 72,657 --- --- ---
September 30, December 31,
2006 2005
------------- -------------
(unaudited, in thousands)
Balance Sheet Data (at period end):
Property and equipment, at cost, net $ 291,513 $ 120,715
Total assets $ 328,655 $ 193,969
Long-term debt, net of current maturities $ 134,064 $ 33,784
Net equity $ 171,248 $ 138,589
(A) Compression revenues and compression segment margin are the same. There
are no compression purchases associated with the compression segment.
(B) Reconciliation of total segment margin to operating income:
Three Months Ended
September 30,
-----------------------------
2006 2005
------------- -------------
(unaudited, in thousands)
Reconciliation of Total Segment Margin to
Operating Income
Operating income $ 5,539 $ 3,282
Add:
Operations and maintenance expenses 4,569 1,897
Depreciation, amortization and accretion 6,175 2,912
General and administrative expenses 1,375 521
------------- -------------
Total segment margin $ 17,658 $ 8,612
============= =============
Nine Months Ended September 30,
-------------------------------------------------------------
2005
---------------------------------------------
Continental
Hiland Gas, Inc.
Partners, (Predecessor)
2006 LP (E) (F) Total (G)
------------- ------------- ------------- -------------
(unaudited, in thousands)
Reconciliation of Total Segment
Margin to Operating Income
Operating income $ 6,604 $ 608 $ 7,212 $ 14,846
Add:
Operations and maintenance expenses 4,303 780 5,083 11,140
Depreciation, amortization
and accretion 6,412 512 6,924 15,811
General and administrative expenses 1,373 166 1,539 3,653
------------- ------------- ------------- -------------
Total segment margin $ 18,692 $ 2,066 $ 20,758 $ 45,450
============= ============= ============= =============
We view total segment margin, a non-GAAP financial measure, as an important
performance measure of the core profitability of our operations. We review total
segment margin monthly for consistency and trend analysis. We define midstream
segment margin as midstream revenue less midstream purchases. Midstream
purchases include the following costs and expenses: cost of natural gas and NGLs
purchased by us from third parties, cost of natural gas and NGLs purchased by us
from affiliates, and cost of crude oil purchased by us from third parties. We
define compression segment margin as the revenue derived from our compression
segment.
(C) We define EBITDA, a non-GAAP financial measure, as net income plus
interest expense, provisions for income taxes and depreciation,
amortization and accretion expense. EBITDA is used as a supplemental
financial measure by our management and by external users of our
financial statements such as investors, commercial banks, research
analysts and others to assess: (1) the financial performance of our
assets without regard to financial methods, capital structure or
historical cost basis; (2) the ability of our assets to generate cash
sufficient to pay interest costs and support our indebtedness; (3) our
operating performance and return on capital as compared to those of
other companies in the midstream energy sector, without regard to
financing or structure; and (4) the viability of acquisitions and
capital expenditure projects and the overall rates of return on
alternative investment opportunities. EBITDA is also a financial
measurement that, with certain negotiated adjustments, is reported to
our banks and is used as a gauge for compliance with our financial
covenants under our credit facility. EBITDA should not be considered as
an alternative to net income, operating income, cash flows from
operating activities or any other measures of financial performance
presented in accordance with GAAP. Our EBITDA may not be comparable to
EBITDA of similarly titled measures of other entities, as other entities
may not calculate EBITDA in the same manner as we do.
(D) Natural gas gathered for fee (MMBtu/d) represents natural gas volumes
gathered associated with the Kinta Area gas gathering assets we acquired
on May 1, 2006 in which we do not take title to the gas.
(E) Amounts presented in the Hiland Partners, LP column include only the
activity for the period beginning on February 15, 2005. These amounts
include the operations of the Worland gathering system and compression
assets acquired from Hiland Partners, LLC at the completion of our
initial public offering.
(F) Amounts presented in the Predecessor column include only the activity of
Continental Gas, Inc. for the period prior to the formation of Hiland
Partners, LP on February 15, 2005.
(G) Total income and expense items included in the Consolidated Statements
of Operations and our predecessor will be included in our second quarter
2006 10-Q.
HPGP - Results of Operations
Three Months Ended September 30,
----------------------------------------------------------------
2006 2005
----------------------------------------------- -------------
Hiland Hiland
Hiland Partners Partners
Holdings GP, LLC (D) GP, LLC (D)
GP, LP(C) (Predecessor) Total(E) (Predecessor)
------------- ------------- ------------- -------------
(unaudited, in thousands)
Total Segment Margin Data:
Midstream revenues $ 3,656 $ 52,406 $ 56,062 $ 40,720
Midstream purchases 2,583 37,026 39,609 33,313
------------- ------------- ------------- -------------
Midstream segment margin 1,073 15,380 16,453 7,407
Compression revenues (A) 79 1,126 1,205 1,205
------------- ------------- ------------- -------------
Total segment margin (B) $ 1,152 $ 16,506 $ 17,658 $ 8,612
============= ============= ============= =============
Summary of Operations Data:
Midstream revenues $ 3,656 $ 52,406 $ 56,062 $ 40,720
Compression revenues 79 1,126 1,205 1,205
------------- ------------- ------------- -------------
Total revenues 3,735 53,532 57,267 41,925
Operating cost and expenses
Midstream purchases
(exclusive of items
shown separately below) 2,583 37,026 39,609 33,313
Operations and maintenance 298 4,271 4,569 1,897
Depreciation, amortization
and accretion 427 6,035 6,462 2,912
General and administrative 105 1,292 1,397 542
------------- ------------- ------------- -------------
Total operating costs
and expenses 3,413 48,624 52,037 38,664
------------- ------------- ------------- -------------
Operating income 322 4,908 5,230 3,261
Other income (expense) (119) (2,370) (2,489) (598)
------------- ------------- ------------- -------------
Income before minority
interest in income
of HLND 203 2,538 2,741 2,663
Minority interest
in income of HLND (72) (2,693) (2,765) (2,617)
------------- ------------- ------------- -------------
Net income $ 131 $ (155) $ (24) $ 46
============= ============= ============= =============
Nine Months Ended September 30,
--------------------------------------------------------------------------------------------------
2006 2005
----------------------------------------------- -----------------------------------------------
Hiland Hiland Hiland Continental
Holdings Partners Partners, Gas, Inc
GP, LP GP, LLC (D) Total GP, LLC (G) Total
(C) (Predecessor) (E) (F) (Predecessor) (E)
------------- ------------- ------------- ------------- ------------- -------------
(unaudited, in thousands)
Total Segment Margin Data:
Midstream revenues $ 10,422 $ 149,378 $ 159,800 $ 83,481 $ 11,813 $ 95,294
Midstream purchases 7,693 110,272 117,965 67,801 9,747 77,548
------------- ------------- ------------- ------------- ------------- -------------
Midstream segment
margin 2,729 39,106 41,835 15,680 2,066 17,746
Compression revenues (A) 236 3,379 3,615 3,012 --- 3,012
------------- ------------- ------------- ------------- ------------- -------------
Total segment margin (B) $ 2,965 $ 42,485 $ 45,450 $ 18,692 $ 2,066 $ 20,758
============= ============= ============= ============= ============= =============
Summary of Operations
Data:
Midstream revenues $ 10,422 $ 149,378 $ 159,800 $ 83,481 $ 11,813 $ 95,294
Compression revenues 236 3,379 3,615 3,012 --- 3,012
------------- ------------- ------------- ------------- ------------- -------------
Total revenues 10,658 152,757 163,415 86,493 11,813 98,306
Operating cost
and expenses
Midstream purchases
(exclusive of
items shown
separately below) 7,693 110,272 117,965 67,801 9,747 77,548
Operations and
maintenance 727 10,413 11,140 4,303 780 5,083
Depreciation,
amortization
and accretion 1,054 15,202 16,256 6,412 512 6,924
General and
administrative 253 3,442 3,695 1,425 166 1,591
------------- ------------- ------------- ------------- ------------- -------------
Total operating
costs and expenses 9,727 139,329 149,056 79,941 11,205 91,146
------------- ------------- ------------- ------------- ------------- -------------
Operating income 931 13,428 14,359 6,552 608 7,160
Other income (expense) (247) (4,583) (4,830) (899) (115) (1,014)
------------- ------------- ------------- ------------- ------------- -------------
Income before minority
interest in
income of HLND 684 8,845 9,529 5,653 493 6,146
Minority interest in
income of HLND (553) (8,438) (8,991) (5,577) --- (5,577)
------------- ------------- ------------- ------------- ------------- -------------
Net income $ 131 $ 407 $ 538 $ 76 $ 493 $ 569
============= ============= ============= ============= ============= =============
September 30, December 31,
2006 2005
------------- -------------
(unaudited, in thousands)
Balance Sheet Data (at period end):
Property and equipment, at cost, net $ 247,901 $ 120,715
Total assets $ 341,754 $ 194,085
Long-term debt, net of current maturities $ 134,318 $ 33,784
Net equity $ 40,831 $ 2,791
(A) Compression revenues and compression segment margin are the same. There
are no compression purchases associated with the compression segment.
(B) Reconciliation of total segment margin to operating income:
Three Months Ended September 30,
-------------------------------------------------------------
2006 2005
--------------------------------------------- -------------
Hiland Hiland
Hiland Partners Partners
Holdings GP, LLC (D) GP, LLC (D)
GP, LP(C) (Predecessor) Total(E) (Predecessor)
------------- ------------- ------------- -------------
(unaudited, in thousands)
Reconciliation of
Total Segment Margin to
Operating Income
Operating income $ 322 $ 4,908 $ 5,230 $ 3,261
Add:
Operations and maintenance
expenses 298 4,271 4,569 1,897
Depreciation, amortization
and accretion 427 6,035 6,462 2,912
General and administrative
expenses 105 1,292 1,397 542
------------- ------------- ------------- -------------
Total segment margin $ 1,152 $ 16,506 $ 17,658 $ 8,612
============= ============= ============= =============
Nine Months Ended September 30,
---------------------------------------------------------------------------------------------
2006 2005
--------------------------------------------- ---------------------------------------------
Hiland Hiland Hiland
Holdings Partners Partners, Continental
GP, LP GP, LLC (D) Total GP, LLC Gas, Inc (G) Total
(C) (Predecessor) (E) (F) (Predecessor) (E)
------------- ------------- ------------- ------------- ------------- -------------
(unaudited, in thousands)
Reconciliation
of Total Segment
Margin to
Operating Income
Operating income $ 931 $ 13,428 $ 14,359 $ 6,552 $ 608 $ 7,160
Add:
Operations and
maintenance
expenses 727 10,413 11,140 4,303 780 5,083
Depreciation,
amortization
and accretion 1,054 15,202 16,256 6,412 512 6,924
General and
administrative
expenses 253 3,442 3,695 1,425 166 1,591
------------- ------------- ------------- ------------- ------------- -------------
Total segment
margin $ 2,965 $ 42,485 $ 45,450 $ 18,692 $ 2,066 $ 20,758
============= ============= ============= ============= ============= =============
We view total segment margin, a non-GAAP financial measure, as an important
performance measure of the core profitability of our operations. We review total
segment margin monthly for consistency and trend analysis. We define midstream
segment margin as midstream revenue less midstream purchases. Midstream
purchases include the following costs and expenses: cost of natural gas and NGLs
purchased by us from third parties, cost of natural gas and NGLs purchased by us
from affiliates, and cost of crude oil purchased by us from third parties. We
define compression segment margin as the revenue derived from our compression
segment.
(C) Amounts presented in the Hiland Holdings GP, LP column include only the
consolidated operations beginning on September 25, 2006. These amounts
include the contribution of assets and member interest from HLND GP at
the completion of our initial public offering.
(D) Amounts presented in the HLND GP, LLC Predecessor columns include only
the consolidated operations of for the period beginning February 15,
2005 to September 25, 2006.
(E) Total income and expense items included in our Consolidated Statements
of Operations and our predecessor are included in this Form 10-Q for
the stated period.
(F) Amounts presented in the HLND, LP column include only the activity for
the period beginning on February 15, 2005. These amounts include the
operations of the Worland gathering system and compression assets
acquired from Hiland Partners, LLC at the completion of our initial
public offering.
(G) Amounts presented in the Predecessor columns include only the operations
of CGI for the period prior to HLND's initial public offering on
February 15, 2005.
SOURCE Hiland Partners, LP; Hiland Holdings GP, LP
-0- 11/10/2006
/CONTACT: Ken Maples, Vice President and CFO of Hiland Partners, LP,
+1-580-242-6040/
/Web site: http://www.hilandpartners.com /
(HLND HPGP)