Regency Energy Partners Is Rapidly Expanding Activity in Haynesville Shale Area of North Louisiana and North Texas

摘要

On 9/14/09 Regency Energy Partners LP, Alinda Capital Partners LLC and GE Energy Financial Services announced plans jointly to construct a $47 million pipeline extension of the Haynesville Expansion Project in North Louisiana to increase capacity on the Regency Intrastate Gas System (RIGS). The extension -called the Red River Lateral - will add approximately 100,000 MMBtu/d of capacity to the current project, bringing the total capacity to approximately 1.2 Bcf/d. "The rapid development of the Haynesville Shale has accelerated our growth opportunities around the RIGS system," according to Byron Kelley, chairman, president and chief executive officer of Regency. "The Red River Lateral expands our reach deeper into the sweet spot of the Haynesville Shale and strategically positions the pipeline for further growth to meet rising producer needs. We believe this is the first of several opportunities to extend the Haynesville Expansion Project."