Arroyo Midstream

CMP formed Arroyo to provide wellhead processing and gathering services in support of Goodrich Petroleum Corporation’s (NYSE: GDP) delineation and evaluation of a 300,000 acre leasehold position in Mississippi and Louisiana which is prospective for the Tuscaloosa Marine Shale.

Arroyo is installing and operating wellhead processing facilities and gathering pipelines which provide our customer with recovered product value and residue gas handling at the wellhead. Arroyo’s skid-mounted processing assets are typically deployed and installed prior to the well beginning production, which improves GDP’s production timing and product economics. As the acreage is further delineated, our wellhead processing and gathering assets will be integrated as the backbone of a large-scale gathering, processing and transportation midstream system to support GDP’s long-term production objectives for this resource.