SOURCE: Enbridge

Enbridge

April 12, 2010 06:00 ET

Enbridge Energy Partners Announces Plans to Construct Additional Cryogenic Natural Gas Processing Capacity in Texas Panhandle

HOUSTON, TX--(Marketwire - April 12, 2010) -  Enbridge Energy Partners, L.P. (NYSE: EEP) ("the Partnership") today announced plans to construct a cryogenic processing plant on its Anadarko natural gas gathering system. The proposed facility, with a planned capacity of 150 million cubic feet per day (mmcf/d), is needed to accommodate a resurgence of horizontal drilling activity in the natural gas liquid (NGL) rich Granite Wash Formation in the Texas Panhandle.

"The Granite Wash, which has been a vertical play in the Texas Panhandle and western Oklahoma for several years, has seen a significant increase in drilling activity due to more sophisticated horizontal drilling and completion techniques and strong natural gas liquids prices," said Terrance L. McGill, president of the Partnership's management company and of its general partner. "This new, state-of-the-art processing facility would enhance the value of local gas production through the more efficient extraction of valuable NGLs."

When operational, the new plant would increase the Anadarko System's total processing capacity to more than 650 mmcf/d. In addition to this cryogenic facility, the Partnership also plans to add field compression and pipeline facilities to accommodate the increasing Granite Wash gas volumes. The new plant is anticipated to be operational by the end of the first quarter of 2011.

Enbridge's Anadarko System has extensive gathering and processing assets in the Texas Panhandle, serving Roberts, Hemphill, Wheeler counties in Texas, and western Oklahoma. 

Producers desiring further information should contact:

Darrel Hagerman
713.821.2019
Darrel.Hagerman@enbridge.com

Enbridge Energy Partners, L.P. (www.enbridgepartners.com) owns and operates a diversified portfolio of crude oil and natural gas transportation systems in the United States. Its principal crude oil system is the largest transporter of growing oil production from western Canada. The system's deliveries to refining centers and connected carriers in the United States account for approximately 12 percent of total U.S. oil imports; while deliveries to Ontario, Canada satisfy approximately 60 percent of refinery demand in that region. The Partnership's natural gas gathering, treating, processing and transmission assets, which are principally located onshore in the active U.S. Mid-Continent and Gulf Coast area, deliver approximately 3 billion cubic feet of natural gas daily.

Enbridge Energy Management, L.L.C. (NYSE: EEQ) (www.enbridgemanagement.com) manages the business and affairs of the Partnership and its sole asset is an approximate 14 percent interest in the Partnership. Enbridge Energy Company, Inc., an indirect wholly owned subsidiary of Enbridge Inc. of Calgary, Alberta, (NYSE: ENB) (TSX: ENB) (www.enbridge.com) is the general partner and holds an approximate 27 percent interest in the Partnership.

This news release includes forward-looking statements and projections, which are statements that do not relate strictly to historical or current facts. These statements frequently use the following words, variations thereon or comparable terminology: "anticipate," "expect," or "will." Forward-looking statements involve risks, uncertainties and assumptions and are not guarantees of performance. Future actions, conditions or events and future results of operations may differ materially from those expressed in these forward-looking statements. Many of the factors that will determine these results are beyond Enbridge Partners' ability to control or predict. Reference should also be made to Enbridge Partners' filings with the U.S. Securities and Exchange Commission; including its Annual Report on Form 10-K for the most recently completed fiscal year, for additional factors that may affect results. These filings are available to the public over the Internet at the SEC's web site (www.sec.gov) and via the Partnership's web site.

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