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JP Energy Partners LP Prices Initial Public Offering

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JP Energy Partners LP (“JPE”) today announced the pricing of its initial public offering of 13,750,000 common units representing limited partner interests in JPE at $20.00 per common unit. JPE has granted the underwriters an option to purchase up to an additional 2,062,500 common units at the initial public offering price. The common units are expected to begin trading on the New York Stock Exchange under the ticker symbol “JPEP.” The offering is expected to close on October 7, 2014, subject to customary closing conditions.

Upon the closing of the offering, the public will own an approximate 37.7% limited partner interest in JPE, or an approximate 43.4% limited partner interest if the underwriters exercise, in full, their option to purchase additional common units.

Barclays, BofA Merrill Lynch, RBC Capital Markets and Deutsche Bank Securities are acting as joint book-running managers for the offering, and BMO Capital Markets, Baird, Simmons & Company International, Stephens Inc., and Janney Montgomery Scott are acting as co-managers for the offering. The offering of these securities is being made only by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933. When available, a copy of the final prospectus may be obtained from:

Barclays Capital Inc.

c/o Broadridge Financial Solutions

1155 Long Island Avenue

Edgewood, NY 11717

Telephone: 1-888-603-5847

Email: barclaysprospectus@broadridge.com

BofA Merrill Lynch,

222 Broadway, New York, NY 10038

Attn: Prospectus Department

Email: dg.prospectus_requests@baml.com

RBC Capital Markets, LLC

Attn: Equity Syndicate

Three World Financial Center

200 Vesey St., 8th Floor

New York, NY 10281-8089

Telephone: (877) 822-4089

Email: equityprospectus@rbccm.com

Deutsche Bank Securities

Attention: Prospectus Group

60 Wall Street

New York, New York 10005

Telephone: 800-503-4611

Email: prospectus.CPDG@db.com

When available, to obtain a copy of the final prospectus free of charge, visit the SEC’s website at www.sec.gov.

A registration statement relating to these securities has been filed with, and declared effective by, the SEC. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

About JP Energy Partners LP

JP Energy Partners LP is a Delaware limited partnership formed in May 2010 by members of its management and further capitalized in June 2011 by a fund managed by ArcLight Capital Partners, LLC to own, operate, develop and acquire a diversified portfolio of midstream energy assets. JPE’s operations currently consist of four business segments: (i) crude oil pipelines and storage, (ii) crude oil supply and logistics, (iii) refined products terminals and storage and (iv) NGL distribution and sales. Together JPE’s businesses provide midstream infrastructure solutions for the growing supply of crude oil, refined products and NGLs in the United States.

Forward looking statements

This press release may include forward-looking statements within the meaning of the federal securities laws. Statements that do not relate strictly to historical or current facts are forward-looking. These statements contain words such as “possible,” “if,” “will” and “expect” and involve risks and uncertainties including, among others, that JPE’s business plans may change as circumstances warrant and securities of JPE may not ultimately be offered to the public because of general market conditions or other factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in JPE’s prospectus and SEC filings. JPE undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

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