Enbridge Selected to Provide Crude Oil Pipeline for Deepwater

Enbridge Selected to Provide Crude Oil Pipeline for Deepwater Gulf of
Mexico Development 
CALGARY, ALBERTA and HOUSTON, TEXAS -- (Marketwire) -- 11/06/12 --
Enbridge Inc. (TSX:ENB) (NYSE:ENB), announced today that it will
build, own and operate a crude oil pipeline in the Gulf of Mexico to
connect the proposed Heidelberg development, operated by Anadarko
Petroleum Corporation, to an existing third-party pipeline system.
The lateral pipeline is expected to be operational by 2016.
Construction of the pipeline is subject to finalization of definitive
agreements and sanction of the development by Anadarko and its
project co-owners. 
The Heidelberg lateral will originate in Green Canyon Block 860,
approximately 200 miles southwest of New Orleans and in 5300 feet of
water. The pipeline will be 20 inches in diameter and approximately
34 miles in length. 
"We are pleased to be working with Anadarko and the Heidelberg
producers," said Leon Zupan, President, Gas Pipelines. "The
Heidelberg lateral pipeline is an attractive investment opportunity
for Enbridge. It also furthers our objective of diversifying our
offshore business to include facilities that support the substantial
crude oil discoveries in the deepwater of the US Gulf Coast." 
Enbridge's offshore pipelines transport approximately 40 per cent of
the natural gas produced in the deepwater Gulf of Mexico. The
company's offshore assets include interests in 13 natural gas
gathering and transmission pipelines and one crude oil pipeline in
five major pipeline corridors off the coasts of Louisiana and
Mississippi. 
About Enbridge Inc.  
Enbridge Inc. is a North American leader in delivering energy and one
of the Global 100 Most Sustainable Corporations. As a transporter of
energy, Enbridge operates, in Canada and the U.S., the world's
longest crude oil and liquids transportation system. The Company also
has a significant and growing involvement in natural gas gathering,
transmission and midstream businesses, and an increasing involvement
in power transmission. As a distributor of energy, Enbridge owns and
operates Canada's largest natural gas distribution company, and
provides distribution services in Ontario, Quebec, New Brunswick and
New York State. As a generator of energy, Enbridge has interests in
close
 to 1,000 megawatts of renewable and alternative energy
generating capacity and is expanding its interests in wind and solar
energy, geothermal and hybrid fuel cells. Enbridge employs more than
10,000 people, primarily in Canada and the U.S. and is ranked as one
of Canada's Greenest Employers and one of Canada's Top 100 Employers
for 2013. Enbridge is included on the 2012/2013 Dow Jones
Sustainability World Index and the Dow Jones Sustainability North
America Index and is also a constituent of the 2012/2013 FTSE4Good
Index Series. Enbridge's common shares trade on the Toronto and New
York stock exchanges under the symbol ENB. For more information,
visit www.enbridge.com.  
Certain information provided in this news release constitutes
forward-looking statements. The words "anticipate", "expect",
"project", "estimate", "forecast" and similar expressions are
intended to identify such forward-looking statements. Although
Enbridge believes that these statements are based on information and
assumptions which are current, reasonable and complete, these
statements are necessarily subject to a variety of risks and
uncertainties pertaining to operating performance, regulatory
parameters, weather, economic conditions and commodity prices. You
can find a discussion of those risks and uncertainties in our
Canadian securities filings and American SEC filings. While Enbridge
makes these forward-looking statements in good faith, should one or
more of these risks or uncertainties materialize, or should
underlying assumptions prove incorrect, actual results may vary
significantly from those expected. Except as may be required by
applicable securities laws, Enbridge assumes no obligation to
publicly update or revise any forward-looking statements made herein
or otherwise, whether as a result of new information, future events
or otherwise. visit www.enbridge.com. 
Contacts:
Enbridge Inc.
Terri Larson, APR
Media
(877) 496-8142
terri.larson@enbridge.com 
Enbridge Inc.
Jody Balko
Investment Community
(403) 231-5720
jody.balko@enbridge.com
www.enbridge.com
 
 
Press spacebar to pause and continue. Press esc to stop.