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Ramsey Natural Gas Processing Plant suffers an explosion. - Friday, December 4, 2015

Reeves County, Texas The Ramsey Natural Gas Processing Plant, located near Orla, Texas, suffered an explosion, which occurred around 9:00 a.m. The Ramsey Natural Gas Processing Plant is owned by Western Gas Partners and is operated by Anadarko Petroleum Corporation. CP Exploration anticipated utilizing the Ramsey Plant for all gas takeaway related to its assets in the Delaware Basin. CP Exploration is operating under a Force Majeure provision, which allows for an extended period to meet its obligations within existing agreements related to the acreage under contract. During this delay, CP Exploration is hopeful that oil and gas prices will increase. The company is currently expanding its position in the region.


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