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ONEOK Details Cana-Woodford Midstream Projects 2012-2014

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ONEOK Partners, L.P. today announced plans to invest approximately $340 million to $360 million between now and the first quarter of 2014 to construct a new natural gas gathering and processing plant and related infrastructure in the Cana-Woodford Shale in Oklahoma.

Canadian Valley plant

These investments include approximately $190 million for the construction of a new 200 million cubic feet per day (MMcf/d) natural gas processing facility - the Canadian Valley plant - in Canadian County, Okla. - which is expected to be in service first quarter of 2014.

When completed, the Canadian Valley plant will be the partnership's largest natural gas processing facility in Oklahoma and will increase the partnership's total natural gas processing capacity in the state to 690 MMcf/d. Additionally, the…

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