Veresen Announces 2013 Guidance and Common Share Dividend for December 2012

Veresen Announces 2013 Guidance and Common Share Dividend for December 2012 
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION 
IN THE UNITED STATES/ 
CALGARY, Dec. 7, 2012 /CNW/ - Veresen Inc. ("Veresen" or "the Company") (TSX: 
VSN) today announced guidance for 2013 and declared a cash dividend for 
December 2012. 
2013 Guidance 
Veresen is forecasting distributable cash in the range of $0.92 to $1.19 per 
Common Share for 2013. Based on a forecast aggregate dividend payout of $1.00 
per Share for 2013, the corresponding range of the payout ratio will be 84 
percent to 109 percent. 
"Our 2013 guidance reflects continued growth and stability in each of our 
businesses on a per Share basis, with the exception of our Aux Sable midstream 
business. The variability in our guidance range is primarily attributed to Aux 
Sable's margin-based activities. The low end of our range reflects a 
conservative view of NGL margins, which could result from weaker ethane and 
propane markets in 2013," said Don Althoff, President and CEO of Veresen. 
"Over the long term, we believe the fundamentals of the NGL markets remain 
strong as a result of growth in petrochemical demand and export capability. 
Aux Sable is a world-class, strategically-located facility with a competitive 
advantage to deliver NGLs into premium North American markets." 
Veresen is well-positioned with a strong balance sheet and a diverse portfolio 
of assets, including its pipeline, power and independent midstream businesses 
that will continue to generate steady earnings and cash flow to support the 
Company's dividend. 
For 2012, Veresen maintains its previously announced guidance for 
distributable cash of $1.03 to $1.12 per Common Share. Further details 
concerning 2012 and 2013 guidance can be found in the Investor Information 
section of Veresen's website at www.vereseninc.com. 
December Cash Dividend 
The Board of Directors of Veresen declared a cash dividend of $0.0833 per 
common share. The dividend will be paid on January 23, 2012 to shareholders of 
record at the close of business on December 31, 2012. This dividend is 
designated an "eligible dividend" for Canadian income tax purposes. 
The dividend is eligible to be reinvested by shareholders, at a 5% discount, 
in common shares of Veresen under the dividend reinvestment component of the 
Premium Dividend™ and Dividend Reinvestment Plan of Veresen ("Plan") to be 
held for their account under the Plan. No portion of this dividend will be 
eligible for a premium cash payment under the Premium Dividend™ component of 
the Plan. 
Registered shareholders of Veresen who have not previously enrolled in the 
Plan and wish to enroll in the Plan with respect to the December 2012 cash 
dividend and future cash dividends declared by Veresen, must deliver to 
Computershare Trust Company of Canada, as Plan Agent, a completed enrollment 
form which is available at www.computershare.com/investorcentrecanada, at or 
before 5:00 pm (ET) on Thursday, December 20, 2012. A copy of the enrollment 
form may also be obtained by calling Computershare Trust Company of Canada at 
1-800-564-6253, or from Veresen's website at www.vereseninc.com. 
Beneficial shareholders of Veresen who have not previously enrolled in the 
Plan and wish to participate in the Plan with respect to the December 2012 
cash dividend and future cash dividends declared by Veresen, should contact 
their broker, investment dealer, financial institution or other nominee to 
provide appropriate enrollment instructions and to ensure any deadlines or 
other requirements that such nominee may impose or be subject to are met. 
About Veresen Inc. 
Veresen is a publicly-traded dividend paying corporation based in Calgary, 
Alberta, that owns and operates energy infrastructure assets across North 
America. Veresen is engaged in three principal businesses: a pipeline 
transportation business comprised of interests in two pipeline systems, the 
Alliance Pipeline and the Alberta Ethane Gathering System; a midstream 
business which includes ownership interests in a world-class natural gas 
liquids extraction facility near Chicago, the Hythe/Steeprock gas gathering 
and processing complex, and other natural gas and NGL processing energy 
infrastructure; and a power business with renewable and gas-fired facilities 
and development projects in Canada and the United States, and district energy 
systems in Ontario and Prince Edward Island. Veresen and each of its pipeline, 
midstream and power businesses are also actively developing a number of 
greenfield projects. In the normal course of its business, Veresen and each 
of its businesses regularly evaluate and pursue acquisition and development 
opportunities. 
Veresen's common shares, Series A preferred shares, and 5.75% convertible 
unsecured subordinated debentures, Series C due July 31, 2017 are listed on 
the Toronto Stock Exchange under the symbols "VSN", "VSN.PR.A" and VSN.DB.C", 
respectively. For further information, please visit www.vereseninc.com. 
Dorreen Miller, Director Investor Relations Phone: (403) 213-3633 
Email:investor-relations@vereseninc.com 
SOURCE: Veresen Inc. 
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CO: Veresen Inc.
ST: Alberta
NI: OIL DIV  
-0- Dec/07/2012 21:30 GMT