Market Overview

Plains All American Pipeline, L.P. and Plains GP Holdings Announce Appointment of New Board Member


All American Pipeline, L.P.
and Plains
GP Holdings
today announced that Alexandra Pruner has been appointed to serve as an
independent member of the Board of Directors and Audit Committee of PAA
GP Holdings LLC ("GP Holdings"). The GP Holdings Board has
responsibility for managing the business and affairs of PAA and PAGP.

"We are pleased to welcome Alie to our Board," said CEO Willie Chiang.
"She has extensive experience in the energy industry from a variety of
perspectives, and her strong finance and investment banking background
is a good fit with our board. We feel fortunate to add such a talented
and capable individual to our board, and we look forward to working with

Ms. Pruner, age 56, served as Partner and Chief Financial Officer of
Perella Weinberg Partners ("PWP"), a global independent advisory firm,
from December 2016 through November of this year and prior to that
served as Chief Financial Officer and a member of the Management
Committee of Tudor, Pickering, Holt & Co. from the firm's founding in
2007 until its combination with PWP in 2016.

Plains All American Pipeline, L.P. is a publicly traded master limited
partnership that owns and operates midstream energy infrastructure and
provides logistics services for crude oil, natural gas liquids ("NGL"),
and natural gas. PAA owns an extensive network of pipeline
transportation, terminalling, storage and gathering assets in key crude
oil and NGL producing basins and transportation corridors and at major
market hubs in the United States and Canada. On average, PAA handles
more than 5 million barrels per day of crude oil and NGL in its
Transportation segment. PAA is headquartered in Houston, Texas. More
information is available at

PAGP is a publicly traded entity that owns an indirect, non-economic
controlling general partner interest in PAA and an indirect limited
partner interest in PAA, one of the largest energy infrastructure and
logistics companies in North America. PAGP is headquartered in Houston,
Texas. More information is available at

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