Acquisition of Blue Racer Midstream by First Reserve

Acquisition of a 50% stake in Blue Racer Midstream, a joint venture formed in December 2012 by Dominion and Caiman Energy, by First Reserve, a leading global private equity investment firm, from Dominion Energy, an American power and energy company. Financial terms were not disclosed. Gary Reaves, Managing Director at First Reserve, stated, "First Reserve has a deep history of investing behind some of North America's most significant midstream operators. In addition, we have a long history of investing in the Utica shale, most notably through our ownership of Ascent Resources which is currently the largest natural gas producer in the basin. This historical and current portfolio experience leads us to believe the Utica shale is one of the premier rich natural gas development areas in the U.S., and, in our view, Blue Racer is particularly well-positioned to capture this opportunity. We are excited to work with Blue Racer's existing owners and the Company's experienced management team to capitalize on a strong growth platform poised to create value for our investors."