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          <NonNumbericText>&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0px;"&gt;Note 5&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;"&gt;.  Partners' Capital&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&amp;#160;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;margin-left:10.8px;"&gt;On August 31, 2010, the WMZ unitholders approved the merger between WMZ and us (see Note 1).  As a result of the merger, effective September 1, 2010, WMZ unitholders&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;, other than its general partner,&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; received 0.7584 WPZ common units for each WMZ common unit they owned at the effective time of the merger, for a total issuance of 13,580,485 common units. &lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&amp;#160;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;margin-left:10.8px;"&gt;On September 28, 2010, we completed an equity issuance of 9,250,000 common units representing limited partner interests in us at a price of $42.40 per unit.  The proceeds of&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; approximately&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; $380 million, net of the underwriters' discount and fees of &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;approximately $12&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; million were used to repay borrowings incurred to fund&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; a portion of our additional $424 million&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; investment in&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; OPPL&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;.  &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;This additional investment increases our ow&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;nership interest in OPPL to 50 percent&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;, which is included in our Midstream segment and is accounted for using the equity method of accounting.&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;"&gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:0pt'&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;margin-left:10.8px;"&gt;On&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; October 8, 2010, we sold an additional 1,387,500 common units to the underwriters upon the underwriters' exercise of their option to purchase additional common units pursuant to our common unit offering in September&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; 2010&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;.  The proceeds of $57 million, net of the underwriters' discount and fees of &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;approximately &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;$&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;2&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; million were used for general corporate purposes.&lt;/font&gt;&lt;/p&gt;</NonNumbericText>
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