CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) Files An 8-K Regulation FD Disclosure

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CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD.

Today, Energy XXI Ltd (“Energy XXI”) announced the confirmation of its Plan of Reorganization by the United States Bankruptcy Court. Energy XXI expects to complete its financial restructuring process and emerge from Chapter 11 bankruptcy before the end of the calendar year, after the conditions of the Plan are satisfied.
The tenant of the Grand Isle Gathering System was excluded from the bankruptcy process and continued honoring its lease without any changes to the economic terms.
Forward-Looking Statements
This report contains certain statements that may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are “forward-looking statements.” Although CorEnergy believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in CorEnergy’s reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this report. Other than as required by law, CorEnergy does not assume a duty to update any forward-looking statement. In particular, any distribution paid in the future to our stockholders will depend on the actual performance of CorEnergy, its costs of leverage and other operating expenses and will be subject to the approval of CorEnergy’s Board of Directors and compliance with leverage covenants.


About CorEnergy Infrastructure Trust, Inc. (NYSE:CORR)

CorEnergy Infrastructure Trust, Inc. is focused on acquiring and financing midstream and downstream real estate assets within the United States energy infrastructure sector and concurrently entering into long-term triple-net participating leases with energy companies. The Company also provides other types of capital, including loans secured by energy infrastructure assets. The Company owns assets, such as pipelines, storage terminals, and transmission and distribution assets. It assets include Grand Isle Gathering System, which is a subsea, crude oil pipeline system in the Gulf of Mexico; Pinedale Liquids Gathering System, which consists of approximately 150 miles of pipelines; Portland Terminal Facility, which is a rail and marine facility property; MoGas Pipeline System, which delivers natural gas to both investor-owned and municipal local distribution systems, and Omega Pipeline, which provides natural gas marketing services.

CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) Recent Trading Information

CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) closed its last trading session down -0.37 at 34.26 with 178,905 shares trading hands.