Enable Midstream Partners, LP (NYSE:ENBL) recently announced that Enable
Gas Transmission, LLC (EGT), a wholly-owned subsidiary, will conduct a
binding open season to solicit commitments for EGT’s Cana and STACK
Expansion (CaSE). Together with existing EGT system capacity and EGT
capacity on third-party pipelines, the CaSE project will provide residue
takeaway solutions for growing production from the Cana Woodford play,
as well as the Sooner Trend, Anadarko, Canadian and Kingfisher “STACK”
region. EGT is uniquely positioned to provide scalable and flexible
solutions for firm transportation service to access premium Southeast
and Western markets. The proposed project provides transport options for
volumes between 190,000 dth/d and 490,000 dth/d.
“The CaSE project is the latest initiative for EGT that was born from
continual conversations with customers to understand their needs,” said
Chris Ditzel, vice president commercial, transportation and storage at
Enable Midstream. “This expansion is another example of our ability to
utilize our existing footprint to serve our shippers and provide residue
takeaway solutions for growing Oklahoma production and to provide our
end-users access to ample supply.”
The binding open season opened on Monday, Nov. 9, 2015, and is scheduled
to end at 5 p.m. (CT) on Thursday, Dec. 3, 2015.
For complete details, please read the official notice.
To learn more about EGT, visit http://pipelines.enablemidstream.com.
ABOUT ENABLE MIDSTREAM PARTNERS
The partnership owns, operates and develops strategically located
natural gas and crude oil infrastructure assets. The partnership’s
assets include approximately 12,500 miles of gathering pipelines, 13
major processing plants with approximately 2.3 billion cubic feet per
day of processing capacity, approximately 7,900 miles of interstate
pipelines (including Southeast Supply Header, LLC of which the
partnership owns 50 percent), approximately 2,200 miles of intrastate
pipelines and eight storage facilities comprising 87.5 billion cubic
feet of storage capacity. For more information visit EnableMidstream.com.
FORWARD-LOOKING STATEMENTS
This press release may contain “forward-looking statements” within the
meaning of the securities laws. All statements, other than statements of
historical fact, regarding the partnership’s strategy, future
operations, financial position, estimated revenues, projected costs,
prospects, plans and objectives of management are forward-looking
statements. These statements often include the words “could,” “believe,”
“anticipate,” “intend,” “estimate,” “expect,” “project,” “forecast” and
similar expressions and are intended to identify forward-looking
statements, although not all forward-looking statements contain such
identifying words. These forward-looking statements are based on the
partnership’s current expectations and assumptions about future events
and are based on currently available information as to the outcome and
timing of future events. The partnership assumes no obligation to and
does not intend to update any forward-looking statements included
herein. When considering forward-looking statements, you should keep in
mind the risk factors and other cautionary statements described under
the heading “Risk Factors” included in our SEC filings. The partnership
cautions you that these forward-looking statements are subject to all of
the risks and uncertainties, most of which are difficult to predict and
many of which are beyond its control, incident to the ownership,
operation and development of natural gas and crude oil infrastructure
assets. These risks include, but are not limited to, contract renewal
risk, commodity price risk, environmental risks, operating risks,
regulatory changes and the other risks described under “Risk Factors” in
our SEC filings. Should one or more of these risks or uncertainties
occur, or should underlying assumptions prove incorrect, the
partnership’s actual results and plans could differ materially from
those expressed in any forward-looking statements.
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