May 8, 2013
May 1, 2013
Natural gas services including gathering, compressing, treating, processing, and marketing.
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Inside Eagle Rock
Eagle Rock Energy Partners (EROC) is a master limited partnership (MLP) that leverages its upstream and midstream expertise to build, acquire and operate oil and gas properties, natural gas gathering systems, and natural gas processing plants. EROC's unique expertise, combined with the tax advantages of an MLP structure, position the company to effectively evaluate opportunities, execute transactions and integrate operations to provide a strong platform for future growth.
Focused on Execution
By excelling in four mission-critical activities — operations, acquisitions, organic growth projects and risk management — EROC management strives to enhance liquidity and achieve stable, growing distributions for its investors.
- Customer-Focused Midstream Operations
EROC aims to be the preferred natural gas service provider in the areas in which it operates by consistently exceeding its customers' expectations. The company emphasizes connecting new wells quickly, operating low-pressure gathering systems, executing contracts and agreements promptly, and providing reliable services. And, in all of its operations, EROC maintains a commitment to safety and compliance with environmental regulations.
- Accretive Acquisitions
EROC seeks accretive acquisitions, such as upstream assets with relatively low production declines and embedded organic growth projects (recompletions, infill drilling, etc.) and midstream assets in active drilling basins. EROC relies on its in-house expertise to value, negotiate, close and integrate assets into its existing infrastructure.
- Organic Growth
Organic growth projects, including plant expansions, gathering system expansions and "bolt-on" acquisitions, are another important element in EROC's strategy. We rely on our experienced engineering staff to design and construct these projects on time and on budget.
- Risk Management
In order to mitigate exposure to volatile commodity prices and interest rates, EROC conducts a thorough risk management review process. EROC evaluates its asset portfolio and expected future revenues on a regular basis, and targets hedge levels of 75-80 percent of its expected production over the next two to three years.
EROC has a Risk Management Policy that is approved by its Board of Directors on a quarterly basis.