DCP SOUTHEAST TEXAS HOLDINGS, GP
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Years Ended December 31, 2011, 2010 and 2009
12. Subsequent Events
We have evaluated subsequent events occurring through February 29, 2012, the date the consolidated
financial statements were issued.
On February 27, 2012, DCP Midstream entered into agreements with DCP Partners, to contribute its
remaining 66.7% interest in Southeast Texas and its commodity derivative instruments related to the Southeast
Texas storage for aggregate consideration of $240.0 million, subject to certain working capital and other
customary purchase price adjustments. This transaction is expected to close by the second quarter of 2012. This
transaction represents a transaction between entities under common control and a change in reporting entity.
Following this transaction, our results will be consolidated into the results of DCP Partners.
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