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AL Gulf Coast Terminals, LLC owns 100% interest in the Houston Fuel Oil Terminal Company, LLC (“HFOTCO”). HFOTCO is the largest provider of crude and residual fuel oil storage in the Gulf of Mexico with 10.0 million barrels of storage capacity and an additional 3.0 million barrels of storage capacity currently under construction. The Company provides product storage, heating, blending, and transportation services for regional refineries, major integrated oil companies, and trading operations.

Arkoma Pipeline Partners, LLC owns a 50% interest in the Arkoma Connector Pipeline. The Arkoma Connector is a 50-mile pipeline connecting gas produced in the Woodford Shale to the Mid-Continent Express and Gulf Crossing pipelines. The Pipeline began commercial operations in July 2009, with throughput capacity of 480 MMcf/d.

BGH Holdings owns a majority interest in Buckeye GP Holdings, LP (NYSE: BGH), the general partner of Buckeye Partners, LP (NYSE: BPL). Buckeye Partners, LP owns one of the largest independent refined petroleum products pipeline systems in the United States, with approximately 5,400 miles of pipeline and 20 million barrels of terminaling and storage capacity located predominantly in the Northeast and Midwest. In addition, BPL operates approximately 2,400 miles of other pipelines under agreements with major oil and chemical companies.  BPL also owns and operates 67 refined petroleum products terminals, most of which are directly connected to BPL’s pipelines. 

Blue Ridge Asphalt, LLC owns an interest in Associated Asphalt, an asphalt terminaling and storage operation. Associated Asphalt, founded in Roanoke in 1948, owns and operates ten terminal and storage facilities in the states of Florida, Georgia, North Carolina, South Carolina, Virginia and West Virginia with a total storage capacity of approximately 1.5 million barrels. It sells asphalt primarily to road pavers for constructing and maintaining the highways, roads and commercial and residential surfaces in the U.S. southeast.

NET Investment Company, LLC owns a 50% interest in National Energy and Trade, an independent natural gas marketer and transport service provider. The company owns intrastate pipelines in Texas and Louisiana which serve two major cities as well as approximately 1,500 MW of power generation load.  The company provides a wide range of marketing solutions and services to natural gas producers and end users in the Gulf Coast, Midwest, Southeast and Northeast United States that include developing and operating pipelines, optimizing transportation, creating, marketing and managing structured products and acquiring and marketing storage services.

North Sea Infrastructure Holdings, LLC is a partnership with Venture Production plc, an Aberdeen based independent oil and gas production company.  The company developed a new pipeline to transport oil to market and formed a platform to build and acquire additional midstream infrastructure in the North Sea.

OFS Holdings, LLC owns equity interests in a variety of oil field services companies. OFS currently owns interests in four operating businesses:

Cinco Pipe & Supply is a Houston, TX-based distributor of oil country tubular goods, primarily large diameter welded and seamless tubulars, alloy-strength casing, tubing and drilling pipe specifically suited for use in onshore oil and gas wells deeper than 8,000 ft and all wells offshore in the Gulf of Mexico.

Davis Energy Services is a Marshall, TX-based oilfield services company which provides well workover and stimulation services as well as nitrogen pumping, coiled tubing, fluid handling, transportation and disposal to E&P companies operating in east Texas and northern Louisiana.

Swan Energy Services is a Jacksboro, TX-based oilfield services company which provides drilling, well workover and stimulation services as well as well site preparation, fluid handling, transportation and disposal to E&P companies operating in the Barnett Shale west of Ft. Worth, TX.

Quail Energy Services is a Midland, TX based oilfield services company which provides well workover and stimulation services as well as wellsite construction and preparation services to E&P companies operating in the Permian Basin and the Barnett Shale.

PT Holdings owns an interest in Petrotank Holdings GmbH, one of the largest independent providers of storage and terminaling services for petroleum products in Germany with a total storage capacity of 720,000 m3 (~ 4.5 million barrels) consisting of over 20 inland storage sites and one seaport. Petrotank provides refined petroleum and other liquid product storage, distribution, logistics and services to virtually all of the large German refiners including Shell, BP, Esso, and Total.

Southern Pines Energy Investment Co., LLC owns an interest in the Southern Pines Energy Center, a high-deliverability salt dome gas storage project that is currently under expansion.  The project which began commercial operations in May 2008, is expected to have a storage capacity of 30 Bcf by 2012, when the center is due to be fully operational. 

Texas Turnaround, LLC owns an interest in RepconStrickland, Inc., a leading specialty industrial services firm that primarily engages in the upgrade, repair, and maintenance of mission-critical operations in the oil refinery industry, including cracking and coker units.  RepconStrickland competes nationally through five subsidiaries.