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Spectra Energy and Progress Enter Agreements Montney Midstream Services

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Spectra Energy Corp announced the execution of multi-year agreements between Spectra Energy and Progress Energy Resources Corp. ("Progress") to provide a total 370 MMcf/d of natural gas gathering and processing services to support the development of Montney production in Progress' core development area in northeast British Columbia. The agreements provide for 210 MMcf/d of new service, in addition to the renewal of current contracts, which allows Spectra Energy to continue to provide natural gas gathering and processing to much of Progress' incremental production in the area.

Spectra Energy is the leading provider of natural gas gathering and processing services in the expanding Montney play through more than 2,200 kilometres of gathering pipeline and interests in ten processing plants…

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