ONEOK and Northern Border Partners to Conduct Conference Call and Webcast
February 15 2006 - 7:15AM
PR Newswire (US)
TULSA, Okla., Feb. 15 /PRNewswire-FirstCall/ -- The management of
ONEOK, Inc. (NYSE:OKE) and Northern Border Partners, L.P.
(NYSE:NBP) will hold a joint conference call Wednesday, Feb. 15,
2006, at 11 a.m. Eastern Standard Time (10 a.m. Central Standard
Time) to discuss the transactions that were announced earlier
today. The call will be carried live on both ONEOK's and Northern
Border Partners' Web sites. What: ONEOK, Inc. and Northern Border
Partners conference call and webcast When: Wednesday, Feb. 15, 2006
11 a.m. Eastern Standard Time, 10 a.m. Central Standard Time Where:
Telephone conference call at 888-675-7686, pass code 853545 or log
on to ONEOK's Web site, http://www.oneok.com/ , or Northern Border
Partners' Web site, http://www.northernborderpartners.com/ . Why:
-- ONEOK sells assets to Northern Border Partners; -- ONEOK
increases general partnership interest to 100 percent in Northern
Border Partners; -- Northern Border sells 20 percent of pipeline to
TransCanada affiliate. If you are unable to participate in the
conference call or the webcast, a replay will be available on the
companies' Web sites, http://www.oneok.com/ or
http://www.northernborderpartners.com/ , for 30 days. A recording
will be available by phone for seven days. The playback call may be
accessed at 866-837-8032, pass code 853545. ONEOK, Inc. (NYSE:OKE)
is a diversified energy company. We are among the largest natural
gas distributors in the United States, serving more than 2 million
customers in Oklahoma, Kansas and Texas. We are a leader in the
gathering, processing, storage and transportation of natural gas in
the mid- continent region of the U.S. and own one of the nation's
premier natural gas liquids (NGL) systems, connecting much of the
NGL supply in the mid-continent with two key market centers. Our
energy services operation focuses primarily on marketing natural
gas and related services throughout the U.S. ONEOK is the majority
general partner of Northern Border Partners, L.P. (NYSE:NBP), one
of the largest publicly-traded limited partnerships. ONEOK is a
Fortune 500 company. For information about ONEOK, Inc. visit the
Web site: http://www.oneok.com/ . Northern Border Partners, L.P. is
a publicly traded partnership whose purpose is to own, operate and
acquire a diversified portfolio of energy assets. The Partnership
owns and manages natural gas pipelines and is engaged in the
gathering and processing of natural gas. More information may be
found at http://www.northernborderpartners.com/ . Statements
contained in this release that include company expectations or
predictions are forward looking statements intended to be covered
by the safe harbor provisions of the Securities Act of 1933 and the
Securities Exchange Act of 1934. It is important to note that
actual results could differ materially from those projected in such
forward-looking statements. Any additional information regarding
factors that could cause actual results to materially differ is
found in the company's Securities and Exchange Commission filings.
ONEOK, Inc. Analyst Contact: Dan Harrison 918-588-7950 Media
Contact: Lori Webster 918-588-7570 Northern Border Partners, L.P.
Analyst Contact: Ellen Konsdorf 877-208-7318 Media Contact: Beth
Jensen 402-492-3400 DATASOURCE: ONEOK, Inc.; Northern Border
Partners, L.P. CONTACT: analysts, Dan Harrison, +1-918-588-7950, or
media, Lori Webster, +1-918-588-7570, both of ONEOK, Inc.; or
analysts, Ellen Konsdorf, +1-877-208-7318, or media, Beth Jensen,
+1-402-492-3400, both of Northern Border Partners, L.P. Web site:
http://www.oneok.com/ http://www.northernborderpartners.com/
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