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Pembina Pipeline Closes Acquisition Of Provident Energy, Gains NYSE Listing

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April 2, 2012

Pembina Pipeline Corporation (TSX: PPL.TO)(TSX: PPL-DBC.TO) (NYSE: PBA) and Provident Energy Ltd. announced that Pembina has completed its previously announced acquisition of Provident pursuant to a plan of arrangement under Section 193 of the Business Corporations Act (Alberta).

"Today marks a momentous occasion in Pembina's history," said Bob Michaleski, Pembina's Chief Executive Officer. "With the acquisition of Provident, we are well-poised to meet the increasing needs of our customers. Our combined team, together with our solid asset base and geographic reach, establishes Pembina as a leader in the North American ...

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