Copano Energy, L.L.C. (NASDAQ: CPNO) today announced that it will not
hold its previously announced fourth quarter and year-end 2012 earnings
conference call scheduled for March 1, 2013. The company plans to
provide a detailed operations and capital projects update as part of its
fourth quarter earnings news release to be distributed after the market
closes on Thursday, February 28, 2013.
As previously announced on January 29, 2013, Copano and Kinder Morgan
Energy Partners, L.P. (NYSE: KMP) have entered into an agreement
pursuant to which KMP will acquire all of Copano's outstanding units in
a 100% unit-for-unit transaction valued at approximately $5 billion,
including the assumption of debt. The transaction, which is expected to
close in the third quarter of 2013, is subject to customary closing
conditions, including regulatory approvals and a vote of the Copano
unitholders.
Copano Energy, L.L.C. is a midstream natural gas company with operations
in Texas, Oklahoma and Wyoming. For more information, please visit http://www.copano.com.
