Keyera Announces Appointment of Steven Kroeker as Chief Financial Officer

CALGARY, Nov. 6, 2012 /CNW/ - Keyera Corp. (TSX: KEY) (TSX: KEY.DB.A) ("Keyera") today announced the appointment of Steven Kroeker as Vice President and Chief Financial Officer, effective November 7, 2012. Mr. Kroeker currently serves as the Company's Vice President of Corporate Development.

In his new role, Mr. Kroeker will be responsible for Keyera's accounting, treasury, internal audit, corporate reporting and corporate development functions. Mr. Kroeker has 20 years of experience in the oil and gas industry, including nine years in energy focused investment banking. He holds a Bachelor of Commerce degree from the University of Calgary and an MBA from the Richard G. Ivey School of Business.

"I am pleased to welcome Steven to his new role," said Jim Bertram, Keyera's Chief Executive Officer. "Steven has been a key member of our executive team over the past six years and a major contributor to Keyera's success. His business acumen and capital markets experience will be valuable in his new role."

About Keyera Corp.

Keyera Corp. (TSX: KEY) (TSX: KEY.DB.A) operates one of the largest natural gas midstream businesses in Canada. Its business consists of natural gas gathering and processing as well as the processing, transportation, storage and marketing of natural gas liquids (NGLs), the production of iso-octane and crude oil midstream activities.

Keyera's gas processing plants and associated facilities are strategically located in the west central, foothills and deep basin natural gas production areas of the Western Canada Sedimentary Basin. Its NGL and crude oil infrastructure, including pipelines, terminals and processing and storage facilities, as well as its iso-octane facility, are located in Edmonton and Fort Saskatchewan, Alberta, a major North American NGL hub. Keyera markets propane, butane, condensate and iso-octane to customers in Canada and the United States.

Additional Information

The information provided in this release is given as of the date hereof.

SOURCE: Keyera Corp.

For further information about Keyera, please see Keyera's public filings on www.sedar.com, visit our website at www.keyera.com or contact:

John Cobb
Vice-President, Investor Relations

Email: [email protected]
Telephone: [phone] / Toll Free: 888.699.4853
Facsimile: 403.205.8425