DCP Midstream Partners - 2010-11-10

Priced an underwritten public offering of 2.5 million common units representing limited partner interests at US$34.96 per common unit. Net proceeds will be used to fund its previously announced acquisition of a 33.33% interest in the DCP Southeast Texas business from DCP Midstream LLC. Citi, BofA Merrill Lynch, Barclays Capital and Wells Fargo Securities are joint book-running managers.