ONEOK Partners, L.P. (NYSE: OKS) is one of the largest publicly traded limited partnerships, and is a leader in the gathering, processing, storage and transportation of natural gas in the U.S. and owns one of the nation’s premier natural gas liquids (NGL) systems, connecting much of the natural gas and NGL supply in the Mid-Continent with key market centers.

Our general partner, ONEOK Partners GP, L.L.C., is a subsidiary of ONEOK, Inc. (NYSE: OKE), a diversified energy company and owns 47.7 percent of the partnership. ONEOK is one of the largest natural gas distributors in the country, and its energy services operation focuses primarily on marketing natural gas and related services throughout the U.S.

The partnership was formerly Northern Border Partners, L.P. which was formed in 1993. On May 17, 2006, Northern Border Partners (NYSE: NBP) was renamed ONEOK Partners, L.P. Trading of ONEOK Partners common units on the New York Stock Exchange under the symbol OKS was effective May 22, 2006.

ONEOK Partners operations are conducted through the following four business segments:

• Natural Gas Gathering & Processing
• Natural Gas Pipelines
• Natural Gas Liquids Gathering & Fractionation
• Natural Gas Liquids Pipelines

In April 2006, ONEOK completed the largest and perhaps the most significant series of transactions in its century-long history. As a key part of the multifaceted deal, ONEOK sold all of its natural gas gathering and processing; natural gas liquids gathering, fractionation, transportation and storage; and inter- and intra-state natural gas pipelines and storage businesses to ONEOK Partners.

For these assets, ONEOK Partners paid $1.35 billion in cash. It also issued to ONEOK approximately 36.5 million limited partner units, which are traded on the New York Stock Exchange under the symbol OKS. These units, coupled with a related general partner interest contribution, are valued at $1.65 billion.

Today, ONEOK, Inc. owns 47.7 percent interest in ONEOK Partners overall.

View ONEOK Partners Fact Sheet.

ONEOK Partners' headquarters are located in:

ONEOK Plaza
100 West Fifth Street
Tulsa, OK 74103
Phone: 918-588-7000