Spectra Energy Income Fund
TSX : SP.UN

Spectra Energy Income Fund

March 17, 2008 17:58 ET

Spectra Energy Income Fund Declares March Distribution

CALGARY, ALBERTA--(Marketwire - March 17, 2008) - Spectra Energy Income Fund (the "Fund") (TSX:SP.UN) has declared a monthly distribution relating to the period March 1, 2008 to March 31, 2008, of $0.07 per unit payable on April 15, 2008 to unitholders of record on March 31, 2008.

Spectra Energy Income Fund is an unincorporated open-ended trust established under the laws of the Province of Alberta and owns a 53.8 percent indirect interest in Spectra Energy Facilities LP ("SEF LP") which owns 100 per cent of Spectra Energy Midstream Corporation ("Spectra Midstream"). Spectra Energy indirectly owns the remaining 46.2 percent interest of SEF LP and is the sponsor of the Fund. Spectra Midstream is one of the largest independent midstream operations in the Western Canadian Sedimentary Basin ("WCSB") with interests in thirteen natural gas processing plants with a net processing capacity of 924 mmcf/d and over 1,600 kilometres of natural gas gathering pipelines located throughout natural gas prone areas in the western extent of the WCSB. More information on Spectra Energy Income Fund can be found at: http://www.spectraenergyfund.com.

Spectra Energy Corp. (NYSE:SE) is one of North America's premier natural gas infrastructure companies serving three key links in the natural gas value chain: gathering and processing, transmission and storage and distribution. For close to a century, Spectra Energy and its predecessor companies have developed critically important pipelines and related energy infrastructure connecting natural gas supply sources to premium markets. Based in Houston, Texas, the company operates in the United States and Canada approximately 18,000 miles of transmission pipeline, 265 billion cubic feet of storage, natural gas gathering and processing, natural gas liquids operations and local distribution assets. Spectra Energy Corp. also has a 50 percent ownership in DCP Midstream, one of the largest natural gas gatherers and processors in the United States. Visit www.spectraenergy.com for more information.

Contact Information

  • Spectra Energy Income Fund
    Bob Bissett
    Media & Analysts
    (403) 705-2008 or (713) 627-4747 (24-hour media line)
    Website: www.spectraenergy.com