Navigator Launches Binding Open Season for Its Borger Express Pipeline System

DALLAS--(BUSINESS WIRE)--Navigator Borger Express LLC, an affiliated company of Navigator Energy Services (Navigator), announced today the launch of a binding open season on its Borger Express pipeline system (Borger Express), to provide shippers the opportunity to secure crude oil transportation services from Cushing, Oklahoma to Borger, Texas. Prior to participating in the open season, interested parties must execute a confidentiality agreement to govern the receipt of the open season documentation. All potential shippers must submit binding commitments for service on the Borger Express pipeline by 12:00 p.m. Central Standard Time on November 5, 2020.

The Borger Express pipeline will provide the new services by utilizing approximately 180 miles of an existing crude oil pipeline, and constructing nearly 200 miles of new, 16-inch diameter pipeline from Cleo Springs, Oklahoma to Borger. The project will provide shippers with critical transportation services for numerous grades of light and heavy crude oil from the Cushing storage hub to third party storage and a regional refinery in Borger. Subject to receipt of sufficient shipper commitments and all necessary permits and approvals, Borger Express is expected to be placed in service in first quarter of 2022.

Subject to the specific terms of the open season, incentive rates, priority access and certain other service incentives will be available to shippers making long-term commitments. The Notice of Open Season is available on Borger Express’s website at www.borgerexpress.com. More information about the open season and Borger Express is also available by contacting Navigator’s Chief Commercial Officer, Laura McGlothlin, at [phone] or [e-mail].

About Navigator Energy Services Headquartered in Dallas, Navigator Energy Services provides oil producers with comprehensive midstream services including crude oil gathering, transportation and storage. Navigator is focused on domestic midstream opportunities in both developing and mature producing areas. More information is available at www.navigatorenergyservices.com.