CSV Midstream Solutions Corporation has entered into a strategic partnership with funds affiliated with Apollo Global Management, LLC to pursue the construction and operation of midstream facilities in the Western Canadian Sedimentary Basin.

Funds managed by Apollo have provided CSV Midstream with an equity commitment of CAD$500 million to fund the company's business plan.

We're very fortunate to have the backing of Apollo, with access to their deep experience in natural resources. Our vision is to not only deliver exceptional expertise within the natural gas infrastructure sector, but also to work closely with all involved-industry and community-to create shared value up and down the line.

We believe our shared-risk model, with capital risk sharing and fee assurances, will provide our customers with reliable expenditure budgets and schedules. In addition, we feel that including internal and external stakeholders in the scope of operations is essential for today's energy and environmental awareness. We want to grow operations through best practices for all stakeholders.

This strategic partnership with CSV Midstream is a great example of Apollo's approach to partnering with proven management teams and providing the needed capital and other resources to help launch profitable new businesses in attractive markets. Over the years, the CSV Midstream team has developed valuable relationships and has built a solid track record of project development in the Canadian midstream sector.

CSV Midstream is a Calgary-based company offering full services for complete midstream solutions. With a vision to advance midstream, they provide innovative, sustainable strategies in the engineering, design, construction, operation and management of natural gas and NGL assets, including sweet and sour gas processing, liquids handling and fractionation, and gas gathering and transmission pipelines. CSV Midstream's primary focus is the developing natural gas energy industry in the Western Canadian Sedimentary Basin.

Apollo is a leading global alternative investment manager with offices in New York, Los Angeles, Houston, Toronto, London, Frankfurt, Luxembourg, Singapore, Mumbai and Hong Kong. Apollo had assets under management of approximately $159 billion as of March 31, 2014 in private equity, credit and real estate funds invested across a core group of nine industries, where Apollo has considerable knowledge and resources.