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Permalink Reply by LP on January 27, 2009 at 6:33

More very positive news for our area !

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Permalink Reply by intrepid on January 27, 2009 at 7:20

Thanks for that information!

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Permalink Reply by Les Bamburg on January 27, 2009 at 7:48

EPT, the following are some excerpts and an additional link:

"ENERGY TRANSFER PARTNERS ANNOUNCES PLANS TO CONSTRUCT HAYNESVILLE PIPELINE
Dallas, Texas — January 27, 2009 — Energy Transfer Partners, L.P. (NYSE:ETP) announced it has entered into an agreement with Chesapeake Energy Marketing, Inc., a wholly-owned subsidiary of Chesapeake Energy Corporation (NYSE:CHK), to construct a 178-mile 42” interstate natural gas pipeline (“Tiger Pipeline”). The project will connect to ETP’s dual 42” pipeline system near Carthage, Texas, extend through the heart of the Haynesville Shale and end near Delhi, Louisiana, with interconnects to at least seven interstate pipelines at various points in Louisiana.

The Tiger Pipeline is anticipated to have an initial throughput capacity of at least 1.25 Bcf per day, which capacity may be increased up to 2.0 Bcf per day based on the results of an open season. The agreement with Chesapeake provides for a 15-year commitment for firm transportation capacity of approximately 1.0 Bcf per day. The pipeline project is anticipated to cost between $1.0 billion and $1.2 billion to construct, depending upon the final throughput capacity design, with such costs to be incurred over a three-year period. Pending necessary regulatory approvals, Tiger Pipeline is expected to be in service by mid-2011."

http://www.energytransfer.com/PressReleases.asp?idPressRelease=266

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