Pacific Energy Partners, L.P.
NYSE : PPX

Pacific Energy Partners, L.P.

July 22, 2005 14:10 ET

Pacific Energy Partners, L.P. Announces Second Quarter 2005 Conference Call

LONG BEACH, Calif.--(CCNMatthews - Jul 22, 2005) -

Pacific Energy Partners, L.P. (NYSE:PPX), will release its second quarter 2005 financial results on Tuesday, August 2, 2005, after the market closes. A conference call to discuss the financial results will take place on Wednesday, August 3, 2005, at 2:00 pm Eastern Time. The dial in number for the live call is 877-875-0056 or 847-585-4340, and the passcode is 12279449.

The call will be available one hour after the end of the conference call and will be replayed for one week by dialing 888-843-8996 or 630-652-3044 and using 12279449 as the passcode.

The call will also be available both live and via replay on the Pacific Energy Partners, L.P. website at www.PacificEnergy.com.

About Pacific Energy:

Pacific Energy Partners, L.P. is a master limited partnership headquartered in Long Beach, California. Pacific Energy is currently engaged in the business of gathering, transporting, storing and distributing crude oil and other related products in California and the Rocky Mountain region, including Alberta, Canada. Pacific Energy currently generates revenues by transporting crude oil on its pipelines and by leasing capacity in its storage facilities. Pacific Energy also buys, blends and sells crude oil, activities that are complementary to its pipeline transportation business. Pacific Energy recently announced the signing of a definitive agreement to purchase several refined products terminals and a pipeline for $455 million. Closing is expected by the end of September 2005 following receipt of regulatory approvals.

This news release may include "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included or incorporated herein may constitute forward-looking statements. Although Pacific Energy believes that the forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. The forward-looking statements involve risks and uncertainties that may affect Pacific Energy's operations and financial performance. Among the factors that could cause results to differ materially are those risks discussed in Pacific Energy's filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2004.

For additional information, please visit the Pacific Energy Partners, L.P. website at www.PacificEnergy.com.

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