Markwest Conference call...Mr Semple says they will work very hard to be as transparent as possible to shareholders and analysts. I am waiting for the foward looking statements and distribution discussion. Coverage ratio is a huge 1.71 to 1. Factor in the equity offering the coverage drops to a still strong 1.38 to 1. He says he is excited about the growth prospects. SW unit is experiencing continuous growth. Javelina are performing well above expectations. Repairs progress on Starfish and despite the work they are at 83% pre hurricane. 1.8 million recieved from insurance but premiums have been increased.

The CFO is now going over the quarterly results. Oklahoma systems volume growth up 30 percent year to year...she is reviewing pretty much all the nitty gritty in the balance sheet.

Mr Semple says they are installing an investor relations hotline...goal of same day response! Glory Hallelujia...investor conference in NYC last week in June

Now come the questions.

Wachovia Michael Blum...asking about Javelina...could they outline volume vs price.
Semple says Javelina going foward...running at 100% capacity..volume for the next 3 quarters should be the same. As per commodity prices they have been generally more favorable. If prices remain they way they are it should mean excellent results...he says he is very bullish on Javelina going foward. As per hedging its about 40% hedged for the rest of the year.

Ron Lundy...AG Edwards...asking about Starfish being neutral...potential for 2007?

Conservative forecast of neutral although they are positive about Starfish as insurance should be taken care of by the third quarter...volume forecast is relatively robust..and they expect to eventually be above the pre-hurricane levels of last year. Premiums however are an issue with regards to insurance.

Pat Walson (did not get the firm)....1.8 insurance recovered so far...and having all repairs done by the end of q3 with insurance payouts to follow.

Michael Blum...more on insurance recovery..asking about business recovery insurance which the company says they have.

Robert Whiting...New Salem Investment...asking about the timing of the offering...the answer is they are waiting for the SEC review on their S-1. They would like to do the offering by the end of Q2...they are expecting late may early june...but they have to wait for the SEC. As per the priviate equity offering asking about the lockup period. The equity holders will be selling shares from time to time.

Thats it...no mention of distributions going foward.