Replies to post #10 on Sea Limited (SE)

[frenchee]

Thanks...welcome back!

In addition to adding some charts, I'll add some fundamental info as well. If you don't like any of it, please delete it.

[frenchee]

Looks like Spectra is headed back to the upper Bollinger Band on the daily charts in the iBox.

[frenchee]

Centana Intrastate Pipeline (CIPCO) Announces Expansion and Open Season


DENVER, March 6 /PRNewswire/ -- Centana Intrastate Pipeline (CIPCO), a wholly owned subsidiary of DCP Midstream, LLC, announced it will expand the working gas capacity at its Spindletop natural gas storage facility located in Beaumont, Texas. The expansion will consist of two phases. Phase 1 is a 2.5 billion cubic feet (Bcf) increase currently under development and to be available September 2009. CIPCO is also evaluating a 6 Bcf phase 2 expansion that, subject to customer interest, could be available for service September 2011. The non-binding open season will run from April 1-30, 2008 and will be for storage services linked to both phases.


(Logo: http://www.newscom.com/cgi-bin/prnh/20080306/CLTH106LOGO )
Spindletop currently has 8.5 Bcf of working gas storage and 22,000 horsepower of compression. The expansions could add up to an additional 13,500 horsepower.

"Our Spindletop salt cavern storage facility is distinguished by its high deliverability, and its strategic location to the Beaumont/Port Arthur industrial market and to two future LNG import terminals. This expansion is in response to increased market demand. We offer a full range of services including firm and interruptible storage to meet our customers' needs," said Poe Reed, DCP Midstream's vice president, natural gas marketing.

The Spindletop storage facility has receipts and deliveries with key intrastates and interstates including Texas Eastern Transmission, Sabine Pipeline, Florida Gas, NGPL, Kinder Morgan, Energy Transfer, Channel Gas, and proposed deliveries with Trunkline, Transco and Golden Pass.



To inquire about CIPCO's non-binding open season, contact:
Greg Swidensky 713-735-3785 [e-mail]
Jack Beckham 713-735-3623 [e-mail]

DCP Midstream, LLC, headquartered in Denver, Colorado, leads the midstream segment as one of the nation's largest natural gas gatherers and processors, and one of the largest natural gas liquids producers and marketers in the U.S. DCP Midstream operates in 16 States across seven producing regions. DCP Midstream is a 50:50 joint venture between Spectra Energy and ConocoPhillips. The Company owns the general partner of DCP Midstream Partners, LP, a master limited partnership, and manages and operates its assets in Colorado, Louisiana, Texas, Wyoming and the northeast U.S.


SOURCE DCP Midstream, LLC