El Paso Corp. (ticker: EP, exchange: New York Stock Exchange (.N))
News Release -
20-Jun-2005
El Paso Corporation Announces Wisconsin/Illinois 2007 Pipeline Expansion ProjectHOUSTON, June 20, 2005 /PRNewswire-FirstCall via COMTEX/ -- ANR Pipeline Company (ANR), a
subsidiary of El Paso Corporation (NYSE: EP), announced today a non-binding
open season for its Wisconsin/Illinois 2007 pipeline project, which will
increase capacity on its natural gas pipeline system in Wisconsin and northern
Illinois.
The open season begins June 20, 2005 and will end on July 21, 2005. The
proposed project will add incremental capacity from ANR's Joliet Hub near
Chicago to existing or new points of delivery along ANR's pipeline system in
Wisconsin and Northern Illinois. ANR will use the results of the open season
to determine the project's final design. The projected in-service date is
November 2007.
The Wisconsin/Illinois 2007 open season follows successful open seasons by
ANR for capacity additions in 2004, 2005, and 2006, which all resulted in
expansion projects to meet Wisconsin's growing natural gas requirements.
For more information or to request an open season packet, please contact
Mr. Lynn Cannon at 262-792-5405 or lynn.cannon@elpaso.com .
ANR Pipeline Company operates more than 10,500 miles of interstate natural
gas pipeline and more than 230 billion cubic feet of storage fields, providing
transportation, storage, and capacity-related services to customers in the
United States and Canada.
El Paso Corporation provides natural gas and related energy products in a
safe, efficient, and dependable manner. The company owns North America's
largest natural gas pipeline system and one of North America's largest
independent natural gas producers. For more information, visit
http://www.elpaso.com .
Cautionary Statement Regarding Forward-Looking Statements
This release includes forward-looking statements and projections, made in
reliance on the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. The company has made every reasonable effort to ensure
that the information and assumptions on which these statements and projections
are based are current, reasonable, and complete. However, a variety of
factors could cause actual results to differ materially from the projections,
anticipated results or other expectations expressed in this release,
including, without limitation, our ability to successfully construct and
operate the proposed facilities described in this release; general economic
conditions in geographic regions or markets served by El Paso Corporation and
its affiliates, or where operations of the company and its affiliates are
located; the uncertainties associated with governmental regulation;
competition, and other factors described in the company's (and its
affiliates') Securities and Exchange Commission filings. While the company
makes these statements and projections in good faith, neither the company nor
its management can guarantee that anticipated future results will be achieved.
Reference must be made to those filings for additional important factors that
may affect actual results. The company assumes no obligation to publicly
update or revise any forward-looking statements made herein or any other
forward-looking statements made by the company, whether as a result of new
information, future events, or otherwise.
SOURCE El Paso Corporation
Investor and Public Relations, Bruce L. Connery, Vice President, 1-713-420-5855
or
Media Relations, Aaron Woods, Manager, 1-713-420-6828
Both of El Paso Corporation
http://www.prnewswire.com
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