Boardwalk Begins Binding Open Season for Gulf Crossing Interstate Gas Pipeline Project.HOUSTON & OWENSBORO, Ky. -- Boardwalk Pipeline Partners, LP (NYSE NYSE See: New York Stock Exchange : BWP BWP In currencies, this is the abbreviation for the Botswana Pula. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ), which previously announced its commitment to build the $1.1 billion Gulf Crossing pipeline, and which currently has 1.0 Bcf per day of binding precedent In law, a binding precedent (also mandatory precedent or binding authority) is a precedent which must be followed by all lower courts under common law legal systems. agreements with its foundation shippers, is now commencing a binding open season for the remaining capacity on Gulf Crossing. The Gulf Crossing project is a new 355 mile, 42-inch interstate natural gas pipeline to transport supplies from the Barnett Shale The Barnett Shale is a geological formation of economic significance. It consists of sedimentary rocks of Mississippian age in the U.S. State of Texas. The formation is estimated to stretch from the city of Dallas to west of the city of Fort Worth and south, covering 5,000 square , southeast Oklahoma and northeast Texas to markets in the Southeast. Initially, Gulf Crossing will be certificated to transport approximately 1.65 Bcf per day from the Sherman, Texas; Bennington, Oklahoma; and Paris, Texas supply areas to the Perryville, La. hub. Plans also call for Gulf Crossing to lease capacity on Boardwalk subsidiary Gulf South Pipeline Company, LP, to make deliveries from Perryville to Transcontinental Gas Pipe Line Corporation at Station 85 in Choctaw County, Ala. Subject to regulatory approvals, the Gulf Crossing project will be in service during the fourth quarter of 2008. The open season runs through December 15, 2006. For more information, contact Brian Cody at (713) 544-7365 or Brian.Cody@gulfsouthpl.com and David Lytle at (713) 544-6081 or David.Lytle@gulfsouthpl.com. Boardwalk Pipeline Partners, LP is a master limited partnership engaged through its subsidiaries, Texas Gas Transmission Texas Gas Transmission is a natural gas pipeline which brings gas from the Louisiana Gulf coast up through Arkansas, Mississippi, Tennessee, and Kentucky, to supply gas to Illinois, Indiana, and Ohio. It is owned by Loews Corporation. Its FERC code is 18. , LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and Gulf South Pipeline Company, LP, in the interstate transportation and storage of natural gas. Boardwalk's two interstate natural gas pipeline systems have approximately 13,470 miles of pipeline and underground storage fields with aggregate working gas capacity of approximately 146 Bcf. |
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