On November 10; 2005 Martin Midstream Partners; L.P. acquired Prism Gas Systems I; L.P. to enhance its existing operations and provide immediate entry into the growing East Texas and Northwest Louisiana energy production base. On May 2; 2007 Prism; as a subsidiary of Martin; acquired all of the outstanding stock of Woodlawn Pipeline Company; Inc. a natural gas gathering and processing company with integrated gathering and processing assets in East Texas. In conjunction with this transaction; Prism also completed its acquisition of a residue gas pipeline. Currently; Prism's assets include approximately 659 miles of gathering and transmission lines and a fifty percent partnership interest in a 265 million cubic feet per day gas processing plant with full fractionation capabilities up to 12;500 barrels per day.
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