[Context: On June 5, 2018,EnCap Flatrock-backed Rangeland Energy III announced the launch of operations at its South Texas terminal. Further details and related links are below.]


Rangeland Energy III, LLC

Rangeland Energy Begins Operations at its South Texas Energy Products System (STEPS) Terminal Facility in Corpus Christi, Texas

SUGAR LAND, Texas–June 05, 2018 09:15 AM–(BUSINESS WIRE)–Rangeland Energy III, LLC (“Rangeland”) today announced that operations commenced at its STEPS terminal in Corpus Christi, Texas, on Monday, June 4. Rangeland also announced that in June the company will begin loading diesel onto railcars for a leading refined products customer. The diesel will be delivered to third-party inland terminals in Mexico via the Kansas City Southern Railway (NYSE: KSU).

“This is the first customer to contract with us for services at the STEPS facility. As we continue to build out the STEPS project, we are working with other key marketers, refiners and producers to provide services into and out of STEPS.”

“Rangeland is looking forward to facilitating the transportation of diesel to destinations in Mexico for a major industry player,” said Rangeland President and CEO Christopher W. Keene. “This is the first customer to contract with us for services at the STEPS facility. As we continue to build out the STEPS project, we are working with other key marketers, refiners and producers to provide services into and out of STEPS.”

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