Information about the Parties to the Proposed Transaction

ConocoPhillips Pipeline Company (CPPL) is a Delaware corporation authorized to do business in California, and a public utility as the term is defined under Pub. Util. Code § 216(a). CPPL's principal place of business is 600 North Dairy Ashford, Houston, Texas 77252-2197, and its mailing address is
P.O. Box 2197, Houston, Texas 77252-2197. Incorporated in 1923, CPPL is engaged in the business of transporting crude oil, petroleum products, and natural gas liquids by pipeline. CPPL operates more than 11,000 miles of pipelines and more than 60 storage terminals in the United States. CPPL also holds equity interests in wholly owned subsidiaries and joint-venture companies that are engaged in the pipeline transportation business. In California, CPPL provides intrastate gathering and transportation services for crude petroleum by pipeline pursuant to a tariff on file with the Commission. CPPL's four major regulated crude oil pipeline systems in California are:

· Line 100 - A 78-mile, 8"/10"/12" crude line with a capacity of 80 thousand barrels per day (MBD).

· Line 200 - A 227-mile, 12"/16" crude line with a capacity of 96 MBD.

· Line 300 - A 43-mile, 8"/10"/12" crude line and an 11-mile, 4"/6"/8" crude line with a capacity of 48 MBD.

· Line 400 - A 153-mile, 8"/10"/12" intermediate line with a capacity of 42 MBD.

CPPL is a direct, wholly owned subsidiary of ConocoPhillips Company (COP). COP, a Delaware corporation, is a direct, wholly owned subsidiary of CP. COP functions as CP's principal domestic operating subsidiary. Within the continental United States, COP engages primarily in the following activities: (1) exploration for and production of oil and natural gas, and (2) petroleum refining, marketing, supply and transportation. CP is a widely-held publicly traded holding company and an international, integrated energy company that operates in more than 30 countries. As of March 31, 2011, CP had 29,600 employees worldwide, assets of $160 billion, annualized revenues of $226 billion, and a market capitalization of approximately $113 billion. Through its subsidiaries, CP operates four key business activities: (1) petroleum exploration and production, (2) petroleum refining, marketing supply and transportation, (3) natural gas gathering, processing and marketing, and (4) chemicals and plastics production and distribution.