4. Identification of Applicants

ConocoPhillips, as successor-in-interest to Tosco, acquired ownership and control of SPBPC, which had been formed by Tosco for the specific purpose of owning and operating the Pipeline Assets and Pump Station Assets as a common carrier pipeline corporation that is subject to the Commission's jurisdiction over public utilities. SPBPC was formed as a Delaware corporation, but with the intervening changes in ownership, its corporate existence was terminated and SPBPC formed as a Delaware limited liability company, qualified to do business in California. As set forth in the First Amendment to the consolidated applications, San Pablo Bay Pipeline Company, the corporation, and SPBPC, the limited liability company, agree that SPBPC, the limited liability company, should be substituted as the applicant.

SPBPC is a Delaware limited liability company that is wholly-owned by ConocoPhillips, and was formed for the purpose of owning and operating the Pipeline Assets and Pump Station Assets as a common carrier pipeline corporation subject to the Commission's jurisdiction over public utilities. Copies of SPBPC's certificate of formation and certificate of qualification to do business in California are included as Attachment B to the First Amendment to the consolidated applications.

With PG&E's consent, ConocoPhillips, as successor to Tosco's rights and obligations under the Purchase and Sale Agreement, has granted the right to assign its related interests to SPBPC. In turn, by agreement with SCVHG, ConocoPhillips will, once specified conditions have been met, transfer its ownership interest in SPBPC to SCVHG.

SCVHG, a California corporation, is an affiliate of SCS Development Company, a California corporation, which has over 40 year's experience developing residential homes and neighborhoods in the Northern California region. SCVHG's principal place of business is in Santa Clara, California. SCVHG will own and control SPBPC only long enough to transfer ownership of the Pump Station Assets to itself or an affiliate. Immediately, SCVHG will transfer its ownership interest in SPBPC, including Pipeline Assets, to Shell.⁸

Shell is a Delaware limited partnership and a wholly-owned subsidiary of Shell Oil Products US, a unit of Shell Company. Shell is headquartered in Houston, Texas, and has regional offices in Los Angeles, among other places. Shell has been in the pipeline transportation business for over 80 years, operates approximately 13,000 miles of pipeline and owns or has an interest in approximately 28,000 miles of pipeline. Shell operates over 1,100 miles of pipelines transporting crude oil, gasoline, jet fuel, diesel fuel and other petroleum products in California. A significant portion of these Shell-owned California pipelines are owned by its affiliate Shell California Pipeline Company, LLC. Shell California Pipeline Company, LLC is a pipeline company regulated by this Commission and has tariffs for its California pipelines on file with the Commission.