Enerchange

Industry Briefs

Nicor Enerchange LLC said it signed an agreement with Caledonia Energy Partners LLC of Dallas to market and administer the proposed 11.7 Bcf Caledonia storage project in northeast Mississippi. An open season is currently underway for the storage facility, which is a depleted gas reservoir. The project will have a direct interconnect with Tennessee Gas Pipeline’s 500 leg in Zone 1. Market demand for direct interconnects with Southern Natural and Texas Eastern will be evaluated as a Phase II project. The non-binding open season for firm storage capacity started May 13 and lasts through June 25. Service requests during this open season will be non-binding on all parties. For detailed information on the open season, visit the storage company’s website at www.caledoniastorage.com.

May 28, 2004