April 2, 2013 - Explorer Pipeline Approves Full Funding for Diluent Extension Project
Explorer Pipeline announced today its Board of Directors has approved full funding for the second and final phase of the Manhattan Diluent Extension Project. Explorer’s board approved phase one of the project earlier this year. The project will include approximately 18 miles of new pipeline from Explorer’s existing 24” mainline north of Wood River, Illinois to Manhattan, Illinois, the origin point for the Southern Lights pipeline. Explorer expects the project to be operational in the second quarter of 2015.
”The board’s action earlier this year allowed us to maintain the timing for the second quarter of 2015 in-service date, and this funding approval solidifies Explorer’s commitment to our shippers and our diluent growth strategy,” said Dave Ysebaert, CEO of Explorer. “This connection will provide initially up to 250,000 barrels per day of capacity into Southern Lights allowing Explorer to meet the growing demand for diluent as the capacity of Southern Lights increases.”
Explorer Pipeline is headquartered in Tulsa, Oklahoma and has approximately 200 employees. It transports refined petroleum products through a 1,830-mile pipeline system extending from Port Arthur, Texas to the upper Midwest and serving major markets, including Houston, Dallas, Tulsa, St. Louis and Chicago. The southern system currently has a capacity of 660,000 barrels per day and the northern system currently has a capacity of 450,000 barrels per day.