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Brief -- Chestnut Ridge Storage

Chestnut Ridge Storage LLC is holding a nonbinding open season for gas storage capacity and deliverability to be offered at the Junction Natural Gas Storage Facility, which is under development. The proposed facility is to be constructed within the West Summit Field, which is in Fayette County, PA, and the counties of Monongalia and Preston, WV. An open season for the initial 15 Bcf of working capacity ends Sept. 15. After evaluating open season submissions, Chestnut Ridge will seek to execute definitive precedent storage service agreements with successful bidders. Junction Storage will be a multi-cycle, high deliverability facility with up to 25 BCF of working capacity and 500,000 Dth/d of peak injection and withdrawal capabilities. The project includes interconnects with the Columbia Gas Transmission, Dominion Transmission, Equitrans and Texas Eastern pipeline systems near the town of Waynesburg, PA. Affiliates of eCORP International LLC and investors own Chestnut Ridge. eCORP is a Houston-based privately held energy company engaged in the development of gas storage, natural gas pipelines and unconventional resource plays. For information on the open season visit www.ecorpintl.com.

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